Infosys perfect cup-handle with 50 EMA breakout at pivot level

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The reasons why I choose this trade.
1. Cup & handle formation
2. 50 EMA, 14 EMA & Pivot breakout together
3. Shorterm trend break
4. On daily chart it is ascending triangle.


All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.
Trade chiuso: obiettivo raggiunto
Chart Patternsinfosysinfosystradeinfosystradeideapivotsupport

Declinazione di responsabilità