Tracking Infy- Self Learning Thread

[narangji]

Track Date : 12-09-2017
60 Min-In DT

View attachment 22305

Observation: Chart in DT
Price closed above trend line on 7th

 

[narangji]

 

[Rajasekaran1976]

Infy is all the way down. Doesn't look like a strong stock to buy at current juncture.

 

[teetotaller]

Went up a bit. Down from 880 levels to 900 in under a week.

Technicals aside, it looks like a great buy for value investors. Of course, short tersm, can't say much, but there is a buyback pending in a month. The stock may rally because of that past 950.

 

[varunkochhar]

Sorry for butting in but infy is likely to stay rangebound between good support at 870-75 and immediate resistance at 925-30. One can play the range till BO/BD