INFOSYS LTD 1W TF Analysis -12/25
Observation:
1) Max Call OI @1600( it can act as good resistance in upcoming series).
2) Currently trading near resistance Zone and 0.5 Level of Fib
3) Top of both minor and major parallel line.
4) Forms Doji indecisive candle
Possibilities:
1) It it breaks parallel channel next level to be watch out for 1950
2) It it trades inside parallel channel next level to be 1350
1) Max Call OI @1600( it can act as good resistance in upcoming series).
2) Currently trading near resistance Zone and 0.5 Level of Fib
3) Top of both minor and major parallel line.
4) Forms Doji indecisive candle
Possibilities:
1) It it breaks parallel channel next level to be watch out for 1950
2) It it trades inside parallel channel next level to be 1350
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