Infosys is moving higher in its 5th wave and making all time highs. When a scrip makes all time highs, it is difficult to put a target or resistances. The prices have overcome all the pent-up supply and moving higher due to good demand for the scrip.
Macd indicator shows a developing negative divergence, a factor which may be kept on the back of your mind to play a reversal in case the price reverses from the mentioned levels.
Continue Reading...
Macd indicator shows a developing negative divergence, a factor which may be kept on the back of your mind to play a reversal in case the price reverses from the mentioned levels.