Infosys - IT Sector looking for uptrend resuming
Diupdate
Infy looking good above 1425 levels as there has been a good consolidation in recent weeks.
IT Sector is showing a good structure too along with other stocks in the sector.
INFY looks good to take off with cup and handle breakout and RSI hovering around 60.
IT Sector is showing a good structure too along with other stocks in the sector.
INFY looks good to take off with cup and handle breakout and RSI hovering around 60.
Catatan
Stock will be at 52 week highs target of 1500+ might be possibleCatatan
Put stop at initial entry priceCatatan
Made a high of 1453
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