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INFOSYS breaking important trendline may give good trade
INFOSYS LTD
Short
INFOSYS breaking important trendline may give good trade
By MDstockmagic
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Updated
Aug 9, 2021
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Aug 6, 2021
Infosys made head and sholder pattern too and breaking important trend line (blue) will bring some selling pressure below 1650
if it sustains below 1650 than 1640 immediate target
if 1640--38 is too broken down than sharp correction towards 1610 may follow in coming days
Aug 9, 2021
Note
infosys contineously breaking blue trendline and its not a good sign for bulls
more weakness will follow on breaking of 1640 (green trendline)
Chart Patterns
infosys
INFY
Trend Analysis
Wave Analysis
MDstockmagic
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