sankatradesindia

Infy continues to take support at an important trendline

Long
NSE:INFY   INFOSYS LTD
Infy has taken very good support at the shown trendline (white line drawn).

One interesting point is that the stock has bounced with good volumes from the trendline on the 3 occasions that it was tested.

Next time it falls at towards the trendline and rebounces, it would offer a good opportunity to go long.

Please like and follow. Also, have a look at my other ideas. NSE:INFY