WE HAVE SEEN A BIT REJECTION FROM 52 WEEK HIGH MADE TODAY I.E 16/06/2021 , THE SUDDEN RISE IN VOLUME AND WEAK RELATIVE INDEX ( BEAR DIVERGENCE ) SUGGESTS INFOSYS TO MOVE DOWNWARDS TOMORROW , SOME MAY CALL IT PROFIT BOOKING . WILL BE BEARISH TOMORROW ON INFOSYS , FRESH BUYING CAN BE A LITTLE RISKY .
LEVELS MARKED ARE FIBONACCI BASED .
ALSO CNX NIFTY LOOKS A BIT BREARISH
THANK YOU.
Trade closed: stop reached
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INFY AGAIN TESTING UPPER LELVES . VIEWS REMAIN SAME FOR TOMORROW , SL HITTED TODAY