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INFOSYS LTD
Long

INFY Long - swing trade(1 hour candles)

By N_339922
Updated
The Nifty IT index is seen in good upward momentum and a bullish ascending triangle pattern can be seen in Infosys.


  • * The stock is very close to the important psychological level of Rs.1000.

    * The successful breakout from the triangle pattern can push the price all the way up to 1000.

    * Its a high reward trade compared to the risk.
    Risk:reward - 1:4

    * Stop Loss should be below the rising side of the triangle.
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TRADE CLOSED

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Chart PatternsinfybuyTrend Analysis
N_339922

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