Traders_skooll

Trade Idea For INFOSYS, Bears come let's Cheer! ;) Part 3

Short
NSE:INFY   INFOSYS LTD
These are the two Major trendlines which has a lot of significance for INFOSYS , a test to that trendline is possible in longer term and then a major bull cycle will come ahead. If INFOSYS goes for a complex correction over the period of time then that white bold is where C wave can have rest for further trend reversal.


The Dotted Trend line is where C wave can end if the overall market sentiments stays intact with bulls and growth in IT Sector.
As INFOSYS is a GIANT in IT sector, So expecting the C wave at the white bold line will be like dooms days are coming for them.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.