Infosys breaks trendline support, can look for short trades
Infosys has broken a long supporting trendline. Can look to short below 700 levels.
Trade active
Should ideally take support at 670, where shorts, if any, should be squared offTrade closed manually
Exit without meaningful gains as Nifty IT continues to remain in the channel, takes support, and resumes upside. Infy being very large component of the index, cant have divergent move.
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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.