Infosys - Upside Thrust for 1090+ with 986-Critical Support

Sideways Move since 20th Feb2017- was tricky, but we did a better job of navigating ups & downs so many times. Now, finally moving above 1042 -it should thrust upside for 1090-1135 target zone as mentioned in all previous analysis

All related analysis are attached below for your reference. These analysis are connecting parts of how we started Infosys from 900-920 zone & moving into sideways from 1030 High@20th Feb2017 till date.

Trading Strategy
Against 999 -key support & 986-critical support or break of 1042 -shall give us upside move heading into 1090 to 1135 zone.
If you get an opportunity to buy in the zone 1000-1010 keeping key & critical level intact, we shall be looking for an impulsive move upside to complete this whole picture from 900-920 zone.

Trade ist aktiv:

15:22 Hrs 17th March2017

Last Price@1041

Poking above 1042 likely hinting that it travels next in the zone 1060-1070.

Trade ist aktiv:

17:04 Hrs 19th March2017

Last Price@1040

There is a resistance in the zone 1040-1042 likely mini tripple top. This is 3rd attempt of Infy kissing the zone 1040-1042 & likely acting as supply zone- means people are selling in that zone.

Trading Strategy
Scenario -1 Risky Trade -
Taking sell positions with stops above 1045 once it holds below 1040-1042 zone - we shall look for 1017-1020 as support zone or target zone.

Scenario-2
Once Infy holds in the zone 1017-1022 with stops below 1005 we shall look for 1040-1042 target & in case it explodes upside we will hold for target zone 1065-1070 next.

Trade ist aktiv:

10:18 Hrs 20th March2017

Last Price@1020

Day low@1015

It falls exactly from 1040-1042 zone to close zone of 1017-1022 -likely we shall wait here & see further price action for upside move- 1007 is the key level now which should not be taken out & getting an opportunity above 1007 as support can be looked for upside move but still let me come back.
In immediate scenario the gap as of today can act as resistance so if Infy comes to 1025-1027 & starts falling back below 1025-1023 zone can attempt to kiss the levels below day low@1015 but it should hold above 1007- which is very important.

Trade ist aktiv:

23:13 Hrs 20th March2017

Last price@1020

Below 1015- it can go close to 1007 keeping stops below 999 if we get a bounce then we can go long but be careful -do not get trapped on high end -means it could make a top above 1042 & start falling below 1035 -one should avoid going long later stage.

Trade ist aktiv:

14:25 Hrs 21st March2017

Last price@1030

All those who are long in Infy can expect an upside push till 1040-1047 zone but be careful of 1015 as important level- Infy should not move below 1015 on the downside.

Trade ist aktiv:

14:32 Hrs 21st March2017

Last Price@1031.75

Likely if Infy halts at 1035 one can book profits or try to re-enter in long positions if you get a chance between 1023-1026 -keeping in mind about 1015 downside as important level. Infy if retest 1023-1026 zone & starts moving upside then pick the long positions for 1040-1047 zone. If Infy not halting at 1035 then hold your current long position.

Trade ist aktiv:

15:15 Hrs 21st March2017

Last Price@1032

Just kissed 1034-1035

Short term boom from 1026 - Wow!