Tradersasi23

Infy will break to 1270 levels

NSE:INFY   INFOSYS LTD
Price making a triangle pattern and it is at the edge of breakout if closes above the lines strong then 1270 is the target.

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Comments

Hey Sasi, I wanted to know how you decided on the 1270 levels as there is no resistance?
Reply
Norejilrajep1 pranays96
@pranays96, use trend based fib extension tool. draw from 905 to 1191. 1270 at 0.786 fib level
+1 Reply
pranays96 Norejilrajep1
@Norejilrajep1 understood, Thanks.
Reply
Tradersasi23 Norejilrajep1
@Norejilrajep1, Using Fibonacci is correct but not the trend based.
Reply
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