Dear Trades,
We are expecting a huge negative impact on infosys because of allegations against CEO second tie in the history, So the stock will react to this news negatively. I here by plotted the Demand Zone levels for the same, we will buy this area to cover the loss for short term uptrend once it should reach the defined area. Overall market is bearish on Infosys. Sell on rally is the current scenario.
We are expecting a huge negative impact on infosys because of allegations against CEO second tie in the history, So the stock will react to this news negatively. I here by plotted the Demand Zone levels for the same, we will buy this area to cover the loss for short term uptrend once it should reach the defined area. Overall market is bearish on Infosys. Sell on rally is the current scenario.