Infosys looks bullish in medium to long term.

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In monthly,

It is at ascending channel support. So it is expected to reverse and go up towards the channel resistance.
sl - 850 tgt1 - 1250 tgt2 - 1340.

In weekly,
hammer formed at channel support it can easily bounce to touch the channel resistance @ 1010. syot kilat
Dagangan aktif
going good, till now 930.85
Dagangan aktif
in daily, it is moving in a symetric triangle , breakout direction will determine the future move. syot kilat
Dagangan aktif
upward breakout here, uptrend should start soon here, syot kilat
Dagangan aktif
price able to close above upper BB and bb is slowly turning from sideways to upward direction, initial sign of bullishness. syot kilat
Dagangan aktif
price is moving up as expected , followup chart for reference, syot kilat
Nota
moving up as expected, till now 1022.90 price brokeout of descending channel resistance syot kilat
Dagangan aktif
in daily, price is sustaining above 20 ma, and BB is moving up , syot kilat
Nota
moving up as expected , today closed at 1039.35, total 13% gain till now.
Dagangan aktif
price is at horizontal resistance zone, it may correct for some days, but over-ally it is bullish. syot kilat
Dagangan aktif
hidden bullish divergence seen in daily
syot kilat
Dagangan aktif
till now 1173, cheers.
Nota
cmp - 1178, currently it is moving in horizontal channel in daily syot kilat

look for breakout.
Dagangan ditutup: sasaran tercapai
total 52 % gain, finally 2nd target got achieved here, cheers...

syot kilat
Bullish PatternsChart PatternssupportTrend Analysisuptrend

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