arshdeeps917

Infosys - Major Breakdown

Short
arshdeeps917 Updated   
NSE:INFY   INFOSYS LTD
Infosys has given a major breakdown below 1750 and has formed a double top pattern before breakdown so can go shorting the same.

NOTE - PLEASE TRADE ON YOUR OWN RISK IN CONSULTATION OF YOUR FINANCIAL ADVISOR
Comment:
Infosys is near 52 week low and one waited till now can close the position of selling Infosys as it has fallen a good amount and is near some minor supports.

If want to continue the position till target of 1300 can hold for the same with a trailing stoploss of 1420 on closing basis
Trade closed: target reached:
Target achieved
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