FUTURE :
“BULLISH
INFY ABOVE 1100 TGT 1160/1200”
“BEARISH
INFY BELOW 1080 TGT 1040/1000”
WEEKLY CHAT FOR INFY:
Primary trend of the stock is bullish and is consolidating at
the current level after showing correction. It is expected to continue the bull
run with the crossing of the resistance level of 1100, as the stock is
sustaining above its 200 and 50 days moving averages. One may initiate the long
position above the mentioned level for the targets of 1100.
DAILY & WEEKLY SUPPORT AND RESISTANCE FOR
INFY:
INFY levels generated based on
2015-12-24 data for the next trading day.
Daily
|
R4
|
R3
|
R2
|
R1
|
BULL
|
LOC
|
BEAR
|
S1
|
S2
|
S3
|
S4
|
levels
|
1124
|
1115
|
1109
|
1106
|
1102
|
1098
|
1094
|
1091
|
1087
|
1081
|
1072
|
INFY Weekly levels generated for the
week starting from 2015-12-21
Weekly
|
R4
|
R3
|
R2
|
R1
|
REV
|
BULL
|
LOC
|
BEAR
|
REV
|
S1
|
S2
|
S3
|
S4
|
Levels
|
1154
|
1142
|
1123
|
1112
|
1097
|
1093
|
1089
|
1085
|
1081
|
1067
|
1055
|
1043
|
1036
|
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