Infy: The Confluence Zones

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Notes on the chart.

White pattern would fail above 993 and reddish below 969.

Its possible that the white pattern does not completes and the confirmation for that would be below 977. In that case only red pattern would be worth focusing. 970/975 would be the level to watch for buying opportunity.

If white pattern completes look for shorting opportunity near 990. If this plan works stock may test 970/975 range, here a bullish candle or pattern will trigger buy.

Feel free to comment or any query.

Trade Safe, stay healthy.
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Regards
Bravetotrade

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ملاحظة

White pattern dd not complete. Currently finding support in the PRZ.

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ملاحظة

In with half position at 973.50

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ملاحظة

As per this pattern I will be out near 979

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ملاحظة

stop should be below 969 where pattern fails.

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ملاحظة

partial sell @ 977, stop for rest @ 973.50

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ملاحظة

liquidated.

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ملاحظة

Now its moving :)

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