INFY - LONG - 10% upside potential
INFY has given inverse head and shoulder pattern breakout at 1530-1540 levels.
Can look at initial target of 1680+ levels.
Usually this pattern is formed at the bottom on downtrend which depicts trend reversal, so it is good to buy INFY for investment as well for ~6 months horizon with recent high of 1900 as initial targets.
Can look at initial target of 1680+ levels.
Usually this pattern is formed at the bottom on downtrend which depicts trend reversal, so it is good to buy INFY for investment as well for ~6 months horizon with recent high of 1900 as initial targets.
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