kartiknayak

Infosys - IT Sector looking for uptrend resuming

Long
kartiknayak Updated   
NSE:INFY   INFOSYS LTD
Infy looking good above 1425 levels as there has been a good consolidation in recent weeks.

IT Sector is showing a good structure too along with other stocks in the sector.

INFY looks good to take off with cup and handle breakout and RSI hovering around 60.
Comment:
Stock will be at 52 week highs target of 1500+ might be possible
Comment:
Put stop at initial entry price
Comment:
Made a high of 1453

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