INFOSYS ready for investing ?

Apr 16

Infosys chart pattern look interesting.

• Trading near weekly 200EMA
  
• Breakout from bullish pole-flag pattern
  
• Pullback to recent breakout level
  

I will bet on long side and will accumulate at these levels

Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors

Apr 19

Note

ADR tested $16.39 on 18th April, Not its time for INFY to test 1350

Apr 19

Note

Expected gap down should do the honors today itself

Jun 7

Note

After long consolidation, elections results week made the required lows and now we may see the momentum in this stock