Dear traders! Infosys has been rallying strongly for more than 4 weeks now.
In the 4-hour chart, we can see a ascending price channel with multiple touch points.
Since the direction of the channel is upwards, this is known as an ascending price channel.
Price has created higher highs and lowers lows within this channel.
Currently, price is on it's way towards the upper trend line of the ascending channel.
The area around 1520 could be ceiling for INFY.
My recommendation
Sell Entry : 1510-1530
Stop Loss : 1570
TP : 1370
In the 4-hour chart, we can see a ascending price channel with multiple touch points.
Since the direction of the channel is upwards, this is known as an ascending price channel.
Price has created higher highs and lowers lows within this channel.
Currently, price is on it's way towards the upper trend line of the ascending channel.
The area around 1520 could be ceiling for INFY.
My recommendation
Sell Entry : 1510-1530
Stop Loss : 1570
TP : 1370
交易开始
Sold INFY JUL Futures I lot @1512
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。