Tuesday, 11 October 2011

11 Infosys in RisingChannel or Bearish Flag !

Long @ 5041  SAR pass 5027.  -14
Short@ 5027  TSAR 5020.05.
Booked 50% @ 5000. +27. 
Remaining 50% TSAR pass 5020. +7 

Long 5020 SAR pass 5020.

Short 5020. SAR 5033.05

Booked 50%@ 5008. +12
Remaining 50% @ 4995. +25. 

Net -14+17+0+18= +21 Points 

One can Buy Strangle in Infosys !
Buy 2700 call & Buy 2300 Put @ 52.
\Target 80,  120.

Infosys has been locked in channel[ Bearish Flag], break of which may target either 2200 or 2800 

No comments:

Post a Comment