INFOSYS LTD
Long

EMA - 50 Strong Support

271
Infosys will announce its earnings later in 2-3 days and is expected to follow along the lines of its peer TCS.
EMA 50 has always been a good support for the share and MACD hasnt seent he negative zone since March 20 market crash.

It will be interesting to see if the share rallies from here and mantains its EMA support or corrects a little more to meet its trend support.

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