INFYC trade ideas
INFYINFY: Looking Good
Symmetrical Triangle Pattern Breakout Sustaining/Closing Above 1720
Buy CMP/Above 1720 Add Every Dip Stop-Loss Closing Below 1690 (Safe) 1660 (Risky)
Target 1750-1780-1810-1850+++
Positional Call
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3 DAY SWING TRADEAscending Channel Pattern,
The Ticker is moving in this channel and is forming a strong Support level.
It is currently at the Support level (which makes it a perfect Buy),
the 1st Target is 1,735.
It is Consolidating at EMA 45 and now will shoot up.
MACD is giving a BUY Signal.
Empower yourself by Understanding the Technicals behind the trade and then entering the position.
Never invest in something that you do not understand.