Hi,
In infosys it looks like a descending triangle break out.
Have decided my target on basis of triangle height from the base.
And sl to be 1279 low of the break out candle.
Rationale behind this trade
OPEN
RELIANCE
(Enter above 2117.0)
2000
-5.53%
Current
2150
Target
2000
Stoploss
2117
Entered
(21/01/2021 13:15:00)
Recommended on 21-01-2021 13:08:00 and valid till 21/02/2021