INFOSYS LTD
Long
Updated

Infosys-Bullish Swing- Retracement or Pullback?

288
snapshot

12.08.2024
Buy 1799
Target 1881
StopLoss 1716
Risk Reward- 1:1

1. Inside bar breakout
2. Rejection from resistance turned to support
3. Lower volumes found in downtrend
4. RSI Reversal with double bottom


Trade closed: target reached
Target reached with over 4.5% in 4 days

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.