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Infy breaking resistence 3300 good to buy

Discussion in 'Technical Analysis' started by chethankrc, Jun 19, 2014.

  1. chethankrc

    chethankrc Active Member

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    Infy breaking resistance 3300 good to buy

    Target = 3400
    SL ?

    Experts pls advise
     
  2. shabbir

    shabbir Administrator Staff Member

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    SL would be 3100 and 2900 but still I would prefer avoiding Infy
     
  3. chethankrc

    chethankrc Active Member

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    Any technical reason to avoid ?
    Or any reason in particular to avoid infy?
     
  4. shabbir

    shabbir Administrator Staff Member

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    Too many big red candles and that makes me scary at times.
     
    monilhathi likes this.
  5. verenmitter2001

    verenmitter2001 Member

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    Yes I agree on Infy . Good time to enter n risk reward ratio is also favourable.

    Regards
    Veren