THEARPITJAIN

INFOSYS SHORT

Short
NSE:INFY   INFOSYS LTD
INFOSYS IS SELL FOR TARGETS OF 590-550.

REASONS:
1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE ( BEARISH PATTERN ).
2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START.

STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"