Market fall may have taken few by surprise, but followers of price action techniques should have this scenario in their plan. Trend analysis (or Elliot wave analysis) along with Fib Retracements could be of enormous help if used in tandem with price action. They at least give you minimum target and levels, so that you are able to ride the trend and also do not...
In this video, I explain how myself and KR exited partially in Infosys as well as TCS earlier this week.
I hope this video helps.
Best wishes,
Umesh
5-1-22
Infosys has been in a channel for last 2 months.
It broke out of that channel yesterday and closed above it. A weekly closing above the channel may trigger a short covering rally towards 684 700 levels.
