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Analysis: #NASDAQ $INFY

Case 113 #Infosys Ltd

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#INFY 1/3
Chart 1
Monthly Chart: Falling victim to the #dotcom_bubble Infosys recovered nicely over the years, breaking above the 2016-2018 range and registering a new all time high of 12.08 in September 2019.

INFY 2/3
Chart 2
Weekly Chart: The 10.50-9.40 gap has been filled and price is preparing to move to new highs - a close above 12.58 is required to target the main objective 13.75.

The #Strategy is printed on the image.

$INFY 3/3
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