ChandraVamshi

Infosys Head and shoulder pattern

NSE:INFY   INFOSYS LTD
formation of bearish head and shoulder pattern.
if it breaks the neck line then go for shorting. target can be next support level which marked with green line.

but by today EOD if it closes above and neck line I would go for buy to grab quick bucks of 20rs. it can reach till 1350, because it is at good demand zone and selling volume is decreased and it is forming hammer at the support level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.