Infosys failed to cross its 200 DMA.MACD and RSI also showing downtrend. Making it a good short candidate.
Note
geopolitical news dragging nifty down,rupee also appreciated than this Mr murthy's comment.all negative for infy. continue short till we se any sign of reversal.Note
ride trailing stop loss till 905 zone or close the trade now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.