There is clear breakout in Infosys and stock has taken a support on 200EMA.
Please refer the chart for the Targets as per Risk Reward 1:1 and 1:4 respectively.
Post achieving the targets one can trail the stop loss as per the previous swing low
Note: This information is for Learning/entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions.
If you like this Idea, Please do like my ideas and share it with your friends. To further connect check my bio.
Please boost my ideas and send cheers as it acts as a motivation to keep posting my analysis.
Thank you
Trade closed: target reached
Both Targets Achieved in a day due to high market momentum.
Join my Telegram channel if you found this idea useful.
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.