INFOSYS LTDLong
INFOSYS Bullish Trend is underway
Updated
Double Bottom has been formed on daily charts of Infosys hinting a bullish trend in coming days. Weekly trend is also UP.
But in short term, a bearish divergence is formed which can lead to a small correction/sideways movement in coming days and then it may continue it's long term bullish trend.
Buy is suggested post correction.
But in short term, a bearish divergence is formed which can lead to a small correction/sideways movement in coming days and then it may continue it's long term bullish trend.
Buy is suggested post correction.
Note
Bullish reversal has taken place last week.Targets for this week are
Target-1 = 1050
Target-2 = 1065
Stoploss = 995
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