INFOSYS LTD
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LONG POSITION ON INFOSYS

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[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


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