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INFOSYS TECHNOLOGIES has formed head and shoulder pattern.


INFOSYS TECHNOLOGIES


  • Stock has formed head and shoulder formation, this indicates sharp movement expecting once it comes out from its pattern.
  • Infosys is also finding 100 DMA support, once it starts trading below 100 DMA then bers will be favored.
  • On down side Infy will find support @ 1898, once stock closes and holds below 1898 then further weakness is expecting.

1 comment:

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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

.