1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Infosys

Discussion in 'Technical Analysis' started by masihpatel, Jun 17, 2012.

Tags:
  1. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    Dear Shabbir,
    Is it a buy time for infosys? what I analyse that EMA8 has given breakout and it is moving above the EMA34. Also EMA20 is in upper side of Bollinger Band.
    Your analysis requested. Thanks:)
     
    masihpatel, Jun 17, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    No not yet a buy signal because 2550 is a very big resistance and I would like to see a break out above that level and consistent trading above that level for any mathemticals like EMA's and BB to apply.
     
    shabbir, Jun 17, 2012
    Share #2