-> The stock saw a huge sell off in 2011 results at 3400 levels.
-> Ever since that the stock took a huge correction for many months.
-> 2950-3000 has been a resistance for the last 6-8 months. The stock is now consolidating at higher levels and one may now watch for a breakout above 3000.
-> Supports at 2800-2750 and one needs to watch for a good closing above 3000 which can happen in next few weeks to initiated a trade.
Happy Investing,
Nooresh Merani
February 24, 2012, 19:59
hi, i am long on infy fut at 2982 what should be my stop for monday and for the march month expiry
February 27, 2012, 08:58
The stop is placed at 2890-2850 band
February 26, 2012, 19:38
Plz contact me if you have an intraday plan for day trading
February 27, 2012, 08:57
We will get back to u.
February 28, 2012, 15:26
Is this an ainverted H&S(april onwards) or an Ascending triangle (sep onwards)?
February 28, 2012, 15:38
Important point is when it crosses 3000.
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