Bearish Bat pattern on Daily Chart of INFY. SELL 777-778, SL - 801, Target(s) - 750, 740.
Comment:
It reversed from 775 to 761. Better to avoid when a substantial move has happened nearby the buying/selling price. You'll miss some trades but also avoid getting trapped in the second move as the reversal has already happened earlier. Let it come to the price and enter the trade, else, ignore it and move on to the next one.
