Can Infosys rally till results?

Bullish Reasons

Infosys is a bullish stock

End of Day is over-sold and is ripe for a rally into results

It has taken support at 100 Day Moving Average

Triple bottom at 1170 in hourly charts need to cross 1196 (the current lower high)

Bearish Reasons

Infosys has made a bearish double top at 1270 and many tops near 1265-1270

While looking at intraday charts, only 5 minutes chart is bullish

On 15 minutes chart, 50 DMA is trading below 200 DMA (Death cross)

On 30 minutes chart, 50 DMA is trading below 200 DMA (Death cross)

On hourly chart, 50 DMA is trading below 200 DMA (Death cross)

Action plan

Watch out for cross of 1196

Watch out for golden cross in 15 minutes time frame (50 MA moving above 200 MA)