sankatradesindia

INFY forming a flag pattern

Long
NSE:INFY   INFOSYS LTD
What are the requirements for a flag pattern?
1. There should be a sharp move before the formation.
2. The volumes should contract during the flag formation

What is the outcome of the flag pattern?
1. Continuation of the previous trend, which in this case is upside
2. Infy should be bought now.

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