INFOSYS LTD
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INFY Channel Breakout

Diupdate
I have made a channel pattern for infy over a month and now INFY has made upper breakout
Entry above 1630 after checking momentum
If momentum is absent expect potential retrace for few days and then bounce back , Book entry anywhere between 1600 - 1630 on retracement
Target = 1700 & above (Target is Discretionary based on momentum hold for next few days)
Trade aktif
Entered @ 1629.40
Catatan
Up by 10 pts - 1639
Catatan
Up by 20pts - 1649
Catatan
Up by 29 pts - 1658 - Day high

Will exit after checking if retracement effect is there or not
Catatan
Risk Averse can quit, Others can hold with Trail SL
Trading ditutup: target tercapai
1740
Catatan
Profit = 1740.00 - 1629.40 = 110.60/share
Chart PatternsINFYTrend AnalysisTrend Lines

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