umangadatia312

INFOSYS - FALLING KNIFE

Short
NSE:INFY   INFOSYS LTD
Certainly a great fundamental company, but not the right time for entry for long, well the stock has comfortably started trading below 1650-1600 levels, which was a breakdown level and started to trade below that indicating further downside. Moreover, a structure of a FALLING KNIFE is clearly visible on the charts. Targets are positional.

DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST AN VIEW AND NOT AN ADVISE.

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