📊 Chart Analysis – Infosys Ltd (INFY)
Currently, the stock is testing a key resistance zone between ₹1620–₹1630.
If the price breaks and closes above this resistance, it can signal a strong bullish breakout.
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💼 Trade Setup (Based on Cup and Handle Pattern):
Entry (Buy): On a closing above ₹1640
Stop Loss: ₹1570
Target 1: ₹1700
Target 2: ₹1780
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This is a classic Cup and Handle breakout setup, which often indicates the start of an upward trend.
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Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
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Now, it's your turn!
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Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
Currently, the stock is testing a key resistance zone between ₹1620–₹1630.
If the price breaks and closes above this resistance, it can signal a strong bullish breakout.
---
💼 Trade Setup (Based on Cup and Handle Pattern):
Entry (Buy): On a closing above ₹1640
Stop Loss: ₹1570
Target 1: ₹1700
Target 2: ₹1780
---
This is a classic Cup and Handle breakout setup, which often indicates the start of an upward trend.
If you find this helpful and want more FREE forecasts in TradingView, Hit the 'BOOST' button
Drop some feedback in the comments below! (e.g., What did you find most useful?
How can we improve?)
Your support is appreciated!
Now, it's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Have a successful week
DISCLAIMER: I am NOT a SEBI registered advisor or a financial adviser. All the views are for educational purpose only
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