Infosys looks bullish in medium to long term.

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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. istantanea
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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. istantanea
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upward breakout here, uptrend should start soon here, istantanea
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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. istantanea
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price is moving up as expected , followup chart for reference, istantanea
Nota
moving up as expected, till now 1022.90 price brokeout of descending channel resistance istantanea
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in daily, price is sustaining above 20 ma, and BB is moving up , istantanea
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. istantanea
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hidden bullish divergence seen in daily
istantanea
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till now 1173, cheers.
Nota
cmp - 1178, currently it is moving in horizontal channel in daily istantanea

look for breakout.
Trade chiuso: obiettivo raggiunto
total 52 % gain, finally 2nd target got achieved here, cheers...

istantanea
Bullish PatternsChart PatternssupportTrend Analysisuptrend

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