INFY POSSIBLE DOUBLE BOTTOM BREAKOUT
-stock is moving in a ascending triangle pattern as well
-breakout will also lead to double bottom break
-momentum can be expected based on accenture results
-not long on nifty IT index
-expect sooner or later the rally to end
-stock specific rally expected
-underperformed to TCS will catch up
INFY FUT/CASH
BUY@1755-1758(ABOVE)
STOP@1725
TARGET-1@1775
TARGET -2@1795
TARGET-3@1808
-breakout will also lead to double bottom break
-momentum can be expected based on accenture results
-not long on nifty IT index
-expect sooner or later the rally to end
-stock specific rally expected
-underperformed to TCS will catch up
INFY FUT/CASH
BUY@1755-1758(ABOVE)
STOP@1725
TARGET-1@1775
TARGET -2@1795
TARGET-3@1808
Trade closed: target reached
first target hit
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