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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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.