Trading Analysis:Infosys,Jsw Energy and DLF

By | January 9, 2013

Infosys

InfyInfosys the IT bellwether will be coming with its results tommrow before market opens. Stock has rallied in expectation of good results from series of bad results in past 3 quarters. Technically a symmetrical triangle formation is seen with resistance at 2380 and support at 2323.

Buy above 2346 Tgt 2367,2380 and 2410

Sell below 2320 Tgt 2300,2274 and 2250

 

DLF

DLF

DLF took support at 232 which is a rising trendline support. Resistance is coming at 238 level. DLF should see a good move today.

Buy above 239 Tgt 241,244 and 248

Sell below 235.5 Tgt 234,232.5 and 231

 

Jsw Energy

JSW Energy

JSW Energy has formed a series of DOJI pattern with a small trading range of 66.9-70.3. Trading pattern is similar to a Flag pattern which is a continuation pattern

Buy above 69 Tgt 70.2,70.9 and 71.3

Sell below 67.8 Tgt 67.1,66 and 65.2

 

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