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Aditya_Singh21

LONG POSITION ON INFOSYS

Long
INFOSYS LTD (NSE:INFY)  
Aditya_Singh21  
NSE:INFY   INFOSYS LTD
Trend Analysis Chart Patterns Technical Indicators newbie uptrend Ascending Channel infosys LONG Bullish Patterns
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trendanalysis chartpattern indicator newbie uptrend ascendingchannel infosys long bullish
[b]This analysis is only for educational purposes, Invest at your own risk!

  • INFY closed at 652.30 on Friday with relatively low volume near its Support line
  • An uptrend can be seen in the ON BALANCE VOLUME INDICATOR
  • Using the pitchfork an uptrend can be spotted in the price too
  • A long position can prove to be profitable by buying in at 652-653 Range and targeting around 670-685 range
  • The percentage profit should be based upon the risk taking capabilities of an Individual


ALL THE BEST TO EVERYONE !
Cheers!
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