Infy : The Bull Flag

Notes on the chart
Regards

코멘트:

S1 is 729 and S2 is 726

Flags are little tricky to play but if and when then fructify, they yield handsome return.
E.g. look at the following chart of Wipro

The spikes in candle A and B faked out the breakout attempts. In this setup it's good to be shaken off early for a breakout entry (on an intraday trade) because many a times the flag continuous it's development and breaks the preceding swing point.
One may enter again above the spike in such a case.

All the best.

코멘트:

I ll close the trade at 747

매매 수동청산:

@ 745. Facing some hiccups. That's 10 pints in 30 minutes. Not bad :i

거래청산: 타겟 닿음:

T1 done

코멘트:

Infy @ 750 now. May face some psychological resistance. Heading for T2