Tuesday, 17 April 2012

INFY View

The swing low is priced @ 2333 and considering the futures premium to the spot price, the price to enter INFY futures would be 2355/2350.

If bought in cash, then is a good bet for long term with first target of 2450 which is the 23.6% fibonacci retracement.

1 comment:

  1. 2450 has been reached as per the chart. Next target could be the next retracement level. Lets wait and watch how the market goes from here.

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