INFY & JSW STEEL CLOSING ANALYSIS

INFY CHART

CURRENTLY INFY IS CONSOLITATION MODE. ALSO IT IS IN CORRECTION OF IMPULSE WAVE. TOMORROW IF IT IS CLOSE ABOVE TODAY HIGH OF 3561.45 MAY GO TO 3654 - 3725 LEVEL IN 3-5 DAYS. WAIT AND WATCH AND CATCH IT SL TODAY LOW 3531

JSW STEEL CHART

JSW STEEL STARTED HIS DOWN TREND TODAY. IT MAY TOUCH 1238 - 1219 LEVEL VERY SOON. SL OF THIS STOCK 1300 LEVEL. ALREADY CHINESE HSBC PMI WAN DISAPPOINTMENT. IT IS NOT GOOD FOR STEEL STOCKS.

SO ONE LONG - INFY
ONE SHORT - JSW STEEL