sandeep2909
Short

Infy positional short

NSE:INFY   INFOSYS LTD
100 views
3
Major correction / fall expected - reasons / analysis

1) Head & Shoulder break down on daily charts
2) Divergence ( RSI & MACD ) in weekly charts
3) Evening star candle formation 3 weeks back & 2 weeks of rejection and fall this week
4) Monthly trend line (in blue) broken from top - trend line is valid since year 2000 (19 year)

Please do your own analysis
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