Short INFY730FEBCEStock is likely to give a MACD bearish crossover on daily charts. Its forming rounding top kind of pattern on daily charts. Stochastics have fallen below 80 which gives early signs of trend reversal. IT major may retest the levels of 710/700/680 in near to short term. Short INFY 730 FEB CE for 22/25 rupees. Hold it till expiry for 20% ROI return. You may book profit once the premium decays below 50/60% or as per your choice.
