Infy Spot 15min charts shown above. Currently infy turned to positional buy mode with Huge Surge in the Volumes at last hour of Trade. CMP : 2404 and the Current Trailing Stop Loss comes around 2272. Similar Patterns is observed in futures market also with huge surge in volume. Exit your longs if the trailing stoploss hits on the 15min charts on the close of candle below 2272 on 15min closing basis.
Rajandran R Follow Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
Infy Spot : Positional Strategy
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