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INFOSYS TECHNOLOGIES (INFY) Technical Analysis Chart - Stock facing strong resistance around 3335. (Updated On 07th July 2014, Monday).







  • (Intraday Trading Idea) - INFY moving up from strong trend line support in hourly chart and now heading for trend line resistance around 3335, once breaks it with volumes and stays above then we can see some intraday action in INFY.
  • (1-2 days trading idea) - Daily chart indicates stock is now heading for strong trend line resistance around 3335, Infy previously has seen selling from 3335 as shown above in chart, Once stock closes above its trend line resistance and stays above then we can see bulls action for next 1-2 days in Infy.
  • Daily chart also indicates stock also facing 200 days moving average resistance we also witnessed selling from this moving average previously as shown above. Trading above 200 DMA will indiciates bullish signals. Close Watch.
  • Weekly chart indicates stock is moving up from strong support zone that too will favor bulls to take Infy further up.


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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.