#infy weekly chart
stock has support near 1320 (weekly mid bollinger)
Weekly RSI steadily 50+
If able to sustain above 5 Week low EMA, 1326 it can move towards 1391(5 week highEMA) & 1425 (Uppel Bol Band weekly) in coming weeks
#Nifty #NIFTYIT
Not trading call, academic post

More from Techno Prince
Just after #USA CPI data came higher than expected , #DollarIndex broke out , Sustaining above 103, it can rise towards 104.7 based on rounding bottom breakout
Bad for equities
#DowJones #Nifty #NASDAQ https://t.co/llt2Mxzg3z
Bad for equities
#DowJones #Nifty #NASDAQ https://t.co/llt2Mxzg3z

#USA May inflation data came 8.6% yoy vs consensus expectations of 8.3% yoy , Core inflation at 6.0% yoy, vs consensus expectations of 5.9% yoy
— Techno Prince (@Trader_souradep) June 10, 2022
Quite a headache for #Fed
Positive for #Dollar #USD
Negative in general for equities #DowJones #Nasdaq #ES_F #Nifty #BankNifty pic.twitter.com/QnpqY9R8OO
More from Infy
@niki_poojary My chart reading on #infy
@PRSundar64 @niki_poojary Low of 1590, the PRZ on the hourly charts ! Now 1650 will be a stiff resistance !!
@PRSundar64 #infy update !
#Infosys weekly setup will turn terrible below 1650 - possible downside targets are marked in the chart
— Srihari MS (@mssrihari_rta) April 15, 2022
Hope 1650 saves one more time !! pic.twitter.com/caVBa8XndR
@PRSundar64 @niki_poojary Low of 1590, the PRZ on the hourly charts ! Now 1650 will be a stiff resistance !!

@PRSundar64 #infy update !
