#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
#LTTS
#LLTS Weekly chart shows the stock is recovering from 61.8% fibonacci pullback of last major rise
— Techno Prince (@Trader_souradep) July 24, 2022
Daily chart shows a a rounding bottom , daily RSI bullish
If it sustains above 3500 it can move towards 3900+ levels and later towards 200 DMA 4480#Nifty pic.twitter.com/6ebtfLMJZd
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