TradingView
Umang_Sharma
Sep 13, 2020 1:26 PM

Infosys: Analysis 

INFOSYS LTDNSE

Description

infy is making a triangular pattern is on the verge of breakup. Stop-loss must be below the immediate swing.
.
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 progress

Trade active

Trade active

Again Breakout from the Range. Good Profit in Progress.
More