INFSOSYS TRIANGLE BREAKOUT

Dec 17, 2021

INFY has broken out of a 2 month descending triangle pattern with a gap-up break.

Indian markets are very weak and volatile right now. A possible gap filling could be seen before INFY makes a move towards its all time high. A Position can be taken if stock sustains above it's all time high, targets extend to the above resistance trendline at 1950-1970 levels.

If FII's turn net buyers, INFY could see a huge rally after breaking 2000.

Jan 7, 2022

Trade active

Potential gap filling taking place. Look to enter with more money after some kind of confirmation.

Feb 3, 2022

Trade closed: stop reached