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Infosys Analysis !! Breaking Out.
INFOSYS LTD
Long
Infosys Analysis !! Breaking Out.
By ShelendrAgrawal
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Updated
Apr 7, 2022
3
Mar 8, 2022
📈 Infosys 📉
In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector.
Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021.
On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Mar 23, 2022
Trade active
Target 1 Done.
Close to Target. SL trail to 1820.
Apr 7, 2022
Trade closed: stop reached
Trailing SL Hit
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