INFOSYS LTD

Infy in a very tight channel.... watchlist candidate

49
expecting a big move....given the rush in NASDAQ and DOW, it should be on the upper side....however there is a gap below that needs to be plugged...
alerts to be set on the lower and upper limits of the channel, if channel is broken, a trade can be initiated
another strategy can be to buy an ITM call and put with stoplosses representing the channel limits... additional lots can be added once the call/pput is sold
trade wisely and be quick on booking profits

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