tRex88
Long

INFY buy setup using Bollinger Bands strategy

NSE:INFY   INFOSYS LTD
Buy INFY at 1144

T1: 1154
T2: 1160

SL: 1138
Trade active
Trade active: Moving the SL to SL: 1141
Comment: Made a low of 1142 and missed our SL by just 1 point.
Currently in profit zone
Trade closed: stop reached: SL: 1141 hit
Comment: After hitting our SL and makng a low of 1134 it hit our target
Infy after making a wide range day previous to yesterday, made a small candle a range of only one percent, candle stick pattern shows bearish harami candle, and the bullish wide range candle price rejection was at the previous high which formed resitance, so i expect price retrace to move little lower in coming session.
+1 Reply
tRex88 nalinakshi
@nalinakshi, That is absolutely possible madam :)
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