INFOSYS ready for investing ?

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

Note

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

Note

Expected gap down should do the honors today itself

Note

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

NPKiran

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