I have made a channel pattern for infy over a month and now INFY has made upper breakout
Entry above 1630 after checking momentum
If momentum is absent expect potential retrace for few days and then bounce back , Book entry anywhere between 1600 - 1630 on retracement
Target = 1700 & above (Target is Discretionary based on momentum hold for next few days)
Entry above 1630 after checking momentum
If momentum is absent expect potential retrace for few days and then bounce back , Book entry anywhere between 1600 - 1630 on retracement
Target = 1700 & above (Target is Discretionary based on momentum hold for next few days)
Trade active:
Entered @ 1629.40
Comment:
Up by 10 pts - 1639
Comment:
Up by 20pts - 1649
Comment:
Up by 29 pts - 1658 - Day high
Will exit after checking if retracement effect is there or not
Will exit after checking if retracement effect is there or not
Comment:
Risk Averse can quit, Others can hold with Trail SL
Trade closed: target reached:
1740
Comment:
Profit = 1740.00 - 1629.40 = 110.60/share
