tradingway2023

where is infy heading to ? be safe on IT stocks

NSE:INFY   INFOSYS LTD
Remember i had advised to short infy when it was 1335 and now its close at 1265. where is it really heading to ? The fibo levels of the swing low says it may reach the recent swing low of 1186, unless it closes above 1279 on a daily basis. Given the weak outlook for the stock, better to avoid the stock for some time now.
Disclaimer

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.