wearetraders2020

Multiple pattern in infosys

wearetraders2020 Updated   
NSE:INFY   INFOSYS LTD
1. Channel pattern
2. triangle pattern
3. Triple bottom

The red line on the candles is for a safe support, how ever the deep support is the blue line below.
Also note the RSI is trading in line and channel of 40 to 60.
Scalping can be done using RSI and the RED line support on candle .

This looks range bound for few days .

Note :

Always check.
1. RSI
2, MACD INFY
3. SQZ_MOM cross from red to green
4. VWAP
5. volume

for going long
Comment:
breakout at 1295 .
target 1 is 1299 , target2 is 1304.

Risky players can dare to buy at 1286 for 1299 target.
Safe players should buy either at breakout on 1295 or blue support at 1280-1282
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