INFOSYS (HEAD & SHOULDER BREAK DOWN)

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INFOSYS

On Daily Basis Time Frame the Stock is already in Bearish Mode and Today it has given a Good Break Down of Head & Shoulder Pattern which shows that Stock is going to fall further.

So as per Chart the Stock looks in Bearish mode and can be shorted as per the levels given below:

CMP - 1432.80 or SoR 1445
Target 1 - 1375
Target 2 - 1313
Target 3 - 1251
SL - 1475

Time Frame - Short to Medium Term

All charts posted here are only for EDUCATIONAL PURPOSE

Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Uwaga
TARGET 1 - 1375 HITS YESTERDAY
& Now 1368 is a support after breaking same it will be on the way for its 2nd target
Chart PatternsdhirubhaitapanpokarTrend Analysis

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