INFOSYS LTD
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Infosys looks bullish in medium to long term.

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

look for breakout.
Trade fechado: objetivo atingido
total 52 % gain, finally 2nd target got achieved here, cheers...

snapshot
Bullish PatternsChart PatternssupportTrend Analysisuptrend

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