kalyanganguly

Infosys - Cup and Handle Pattern

Long
NSE:INFY   INFOSYS LTD
Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.

There seems to be a cup & handle formation with RSI just crossing 60. Nifty IT is outperforming Nifty Index today as well. Price above 1400₹ should see more upside.

SL: 1315₹

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.