Infosys wait for 590 levels to accumulate/invest

As IT sector, already had it's much-awaited bull run this year. If already invested in NSE:INFY , then with the Q2 2018 results you can exit or short at around 720 levels for a target of 590 odd levels.

Must start accumulating it from around 590 levels and buy on every dip from there.

Note: Also it formed a Bearish Engulfing on a monthly time frame
Trade closed manually


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