These are the two Major trendlines
which has a lot of significance for INFOSYS
, a test to that trendline is possible in longer term and then a major bull cycle will come ahead. If INFOSYS
goes for a complex correction over the period of time then that white bold is where C wave can have rest for further trend reversal.
The Dotted Trend line
is where C wave can end if the overall market sentiments stays intact with bulls and growth in IT Sector.
is a GIANT in IT sector, So expecting the C wave at the white bold line will be like dooms days are coming for them.