Umang_Sharma

Infosys: Analysis

Umang_Sharma Updated   
NSE:INFY   INFOSYS LTD
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.
Trade active:
Moving as expected.
Trade active:
Good Profit in progress
Trade active
Trade active:
Again Breakout from the Range. Good Profit in Progress.
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