INFY has closed below 200 EMA , go short if it
NSE:INFY INFOSYS LTD
Infosys has closed below 200 EMA of 15 min time frame, the purple line is moderate demand zone , you can go short for a intraday trade if it breaks the zone. Check IT sector in the morning to add a little more confirmation to your trade. It will go down after breaking the zone , as it tries to fill the gap from 1720 to 1740. Place a proper stop-loss .
Target of 23 Rupees has been achieved .