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SudharsanG

INFOSYS - LOWER PARALLEL LINE CHANNEL

Long
INFOSYS LTD (NSE:INFY)  
SudharsanG  
NSE:INFY   INFOSYS LTD
Trend Analysis infosys infosystradeidea parallelchannels
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trendanalysis infosys infosystradeidea parallelchannels
As you see in the weekly chart the price following the parallel line channel, whenever the the price touches the upper end of the channel it gets pulled towards the lower end and vice versa.

Now, the price is at the lower end of the channel, giving opportunity for investors to get in the stock for long term.
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