INFOSYS LTD
Long

INFY, ASCENDING TRIANGLE BREAKOUT IN SIGHT (CHART# 371)

INFY is forming lose ascending triangle in hourly Time frame. Above 1152, it can give decent intraday move.

Other stocks on my watchlist are
1. BAJAJ-AUTO
2. COLPAL
3. UBl
4. INFRATEL
5. ITC
6. MFSL

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta

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