medium term shorting opportunity in Infosys
Updated
Hi,
INFY has given a bearish flag breakout on weekly charts with very good volume.
MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the current momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Election outcome this week, so position yourself accordingly.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
INFY has given a bearish flag breakout on weekly charts with very good volume.MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the current momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Election outcome this week, so position yourself accordingly.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Trade closed: stop reached
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