Infosys failed to cross its 200 DMA.MACD and RSI also showing downtrend. Making it a good short candidate.
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geopolitical news dragging nifty down,rupee also appreciated than this Mr murthy's comment.all negative for infy. continue short till we se any sign of reversal.
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ride trailing stop loss till 905 zone or close the trade now.
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dravya
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200 DMA is very important. good observation buddy !