Infosys: Analysis
Updated
infy is making a triangular pattern is on the verge of breakup. Stop-loss must be below the immediate swing.
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Reason to Buy:
1) Formation of a triangular pattern.
2) Bollinger Bands showing consolidation.
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Possible breakout in upcoming few days. After breakout retracement is possible at the same levels and momentum will continue after that.
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Reason to Buy:
1) Formation of a triangular pattern.
2) Bollinger Bands showing consolidation.
.
Possible breakout in upcoming few days. After breakout retracement is possible at the same levels and momentum will continue after that.
Trade active
Moving as expected.Trade active
Good Profit in progressTrade active
Trade active
Again Breakout from the Range. Good Profit in Progress.
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