pandeymanu859

Infosys Positional Swing Trades Set-up

Long
NSE:INFY   INFOSYS LTD
Infosys is creating a Bullish W-Pattern in its Day Chart Time-frame with successful creating Double-bottom pattern but it is unable to break the Resistance Point at 1806 Mark. If it breaks 1806 level, a clear Buy-Swing Positional Trade needs to place with the desired specific Stop Loss & Target Price.
Risk : Reward = 1:1

We can also see if it crosses its all-time-high level around 1850, Again a buy signal has been reflected with the Target Price of 1900 with the desired particular Stop Loss at the top of the Resistance Mark. At 1900 Mark, the RSI will also touch its 70-mark (Standard) which also makes a perfect trade.
Risk : Reward = 1:3


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