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Infosys Daily Chart |
bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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Post: #2  Posted: Fri Apr 13, 2012 9:43 am Post subject: Bearish chart giving handsome returns |
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Friends!
Infy Shorters, Put buyers, Call sellers !!! Wooooooooooo
Enjoy and trade safe.
BM
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #3 Posted: Fri Apr 13, 2012 9:45 am Post subject: |
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my next target is 2158. 
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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| Post: #4 Posted: Fri Apr 13, 2012 9:57 am Post subject: Next crucial support |
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Vinay ji,
Thanks for posting in your valuable numbers.
I think 2300 is major support and if this is cracked with volume and eod basis then 2150 not ruled out 
Trade safe,
BM
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STEPUP
White Belt
Joined: 17 Mar 2012
Posts: 95
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| Post: #5 Posted: Fri Apr 13, 2012 10:18 am Post subject: |
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| vinay28 wrote: | | my next target is 2158. |
U might ask for free also. 
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #6 Posted: Fri Apr 13, 2012 10:31 am Post subject: |
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| why not?
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #7 Posted: Fri Apr 13, 2012 11:58 am Post subject: Re: Infosys Daily Chart |
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| bolband_macd wrote: | Friends,
Look out!! Infosys daily chart is showing "Bearish Engulfing". This is an indication of further weakness in a particular stock.
Additionally, as of Infosys results tomorrow, 100 points moves on either sides are not ruled out. One has to be very careful while beginning any trade in this stock.
Well, chart is indicating a downward move on result day tomorrow.
Let's sit back, relax and enjoy!!! 
Trade Safe,
BM |
bearish engulfing in the sideway trend is of no use, even a minor top is not there.
its different that stock tanked down.
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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| Post: #8 Posted: Fri Apr 13, 2012 1:53 pm Post subject: |
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Thanks sherbaaz ji for your expert comment.
I feel happy as I am on winning side. All what matters is "Price". Correct? 
Trade Safe,
BM
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