GOOD POSITIONAL BET AFTER 55% CORRECTION

INFO EDGE has corrected 55% from it's top and has now given it's 10 month old trendline breakout.

It is making higher swing lows exhibiting a bullish upcoming moves. Aggressive traders can buy above 3990 (4000 safer) for both intraday and positional trades.

Big hindrance would be 4225 level which has been a strong support and resistance zone for more than a year.

Once this level is breached and price starts to close above this zone one can take a safe positional bet in this stock.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar