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.
Trade active:
Potential gap filling taking place. Look to enter with more money after some kind of confirmation.
Trade closed: stop reached