IFX prediction for May 2018
Based on previous support and resistance zones, in combination with the fibonacci retracements I believe the market will re-enter the support box which would be the entry point to buy, after which I think the market will retrace back to a prior resistance at approximatly 22,45. I trade options myself so for people out there who agree with the prediction I would buy a call at strike price 22,00 with an expiration in may or june.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.