INFOSYS - SHORTINFOSYS has made descending triangle,indicating further down side movement.
Entry : 706 - 707.5 Range,Enter only if sustains below range
Stoploss : 1%
Basic Target: 695
Idea by MALKIAT SINGH
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INFY
INFY CLEAR DOWNSIDE BREAKOUT!!1After a very good uptrend i think trend is changing now with this breakout on downside.
you can see this on chart clearly it broke out the trendline and also the head and shoulders pattern is also there.
my targets for this trades are
TARGET 1- 709
TARGET 2- 701
TARGET 3- 684