Crime Today News
The outlook for Info Edge (India) is bullish. The stock is getting good support around â¹5,000. The price action on the weekly chart over the last couple of weeks indicates the presence of strong buyers around the psychological level of â¹5,000. Above this, there is a cluster of moving average supports in the â¹5,200-5,180 region. We expect the share price to remain above this support zone in the coming days.
Info Edge (India) share price can rise to â¹5,600 over the next few weeks. Traders can go long now at â¹5,305. Accumulate on dips at â¹5,220. Keep the stop-loss at â¹5,090 initially. Trail the stop-loss up to â¹5,340 as soon as the price goes up to â¹5,390. Move the stop-loss further up to â¹5,440 when the price touches â¹5,520. Â Exit the long positions at â¹5,580.
(Note: The recommendations are based on technical analysis. There is risk of loss in trading.)
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