Divergences are visible on the yearly chart of Infosys and a Double top is also visible on the chart. Something similar is being seen in all the largecap of IT. this means that even after going down, it will not come up for a long time. There is also a diversion on the yearly chart of Microsoft & Apple. A breakdown has occurred on the weekly chart of Microsoft.
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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.