Infy, bearish, entry below 1072, SL1088 – EQSIS PRO

Tagged: Bearish, Flag, INFOSYS

This topic has 1 reply, 2 voices, and was last updated 7 years, 8 months ago by sangeetha.a.

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August 1, 2016 at 10:21 PM #44992

T.PONNARASU
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Rank: Level 5

Bearish inverted FLAG formation is observed in Infosys from 13.07.2016 with almost 90 degree inverted pole and rectangular shape cloth tilldate, short position can be considered if it breaks out below 1072 with high volume to confirm.

Trade Plan: Infosys

Direction: Short

Entry : 1072

SL: 1088

Target: 1056

August 15, 2016 at 8:03 PM #46577

sangeetha.a
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Rank: Level 5

hi, this is nice but for flag pattern, candlestick analysis is preferred
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