umangadatia312

INFOSYS - FALLING KNIFE

Short
NSE:INFY   INFOSYS LTD
Certainly a great fundamental company, but not the right time for entry for long, well the stock has comfortably started trading below 1650-1600 levels, which was a breakdown level and started to trade below that indicating further downside. Moreover, a structure of a FALLING KNIFE is clearly visible on the charts. Targets are positional.

DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST AN VIEW AND NOT AN ADVISE.

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.