NPKiran

INFOSYS ready for investing ?

NPKiran Updated   
NSE:INFY   INFOSYS LTD
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
Comment:
ADR tested $16.39 on 18th April, Not its time for INFY to test 1350
Comment:
Expected gap down should do the honors today itself
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