INFOSYS LTD
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Infosys looks bullish in medium to long term.

In monthly,

It is at ascending channel support. So it is expected to reverse and go up towards the channel resistance.
sl - 850 tgt1 - 1250 tgt2 - 1340.

In weekly,
hammer formed at channel support it can easily bounce to touch the channel resistance @ 1010. 快照
交易進行
going good, till now 930.85
交易進行
in daily, it is moving in a symetric triangle , breakout direction will determine the future move. 快照
交易進行
upward breakout here, uptrend should start soon here, 快照
交易進行
price able to close above upper BB and bb is slowly turning from sideways to upward direction, initial sign of bullishness. 快照
交易進行
price is moving up as expected , followup chart for reference, 快照
註釋
moving up as expected, till now 1022.90 price brokeout of descending channel resistance 快照
交易進行
in daily, price is sustaining above 20 ma, and BB is moving up , 快照
註釋
moving up as expected , today closed at 1039.35, total 13% gain till now.
交易進行
price is at horizontal resistance zone, it may correct for some days, but over-ally it is bullish. 快照
交易進行
hidden bullish divergence seen in daily
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交易進行
till now 1173, cheers.
註釋
cmp - 1178, currently it is moving in horizontal channel in daily 快照

look for breakout.
交易結束:目標達成
total 52 % gain, finally 2nd target got achieved here, cheers...

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