INFY Long - swing trade(1 hour candles)

The Nifty IT index is seen in good upward momentum and a bullish ascending triangle pattern can be seen in Infosys.

• * The stock is very close to the important psychological level of Rs.1000.
  
  * The successful breakout from the triangle pattern can push the price all the way up to 1000.
  
  * Its a high reward trade compared to the risk.
  Risk:reward - 1:4
  
  * Stop Loss should be below the rising side of the triangle.
  

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