Infosys - The Big Short (Seller Wins)

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It is been observed that the price action is consolidating in between 1060-1010 levels for past 55 days on a daily chart. It is 11 weeks and almost 3 months. This is called a Big consolidation and price war between buyers and sellers.

Now, the price action got that big breakout from the consolidation as it closes below strong support level of 1010. Therefore, it is indicating that sellers victory over buyers and now the price action shall move further down and continue it downtrending pattern.

It is a great opportunity to initiate,

Target: 985, 955, 935
Stoploss: 1050
Transaction en cours
Going great:)
Transaction en cours
Close to Target 1
Trade fermée: cible de profit atteinte
Target 1 Reached Successfully. Regards
Trade fermée: cible de profit atteinte
All targets achieved. Regards
breakoutinfosysINFYSupport and Resistance

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