Infosys share wave 1 complete and retracment wave 2 38% down side and again go upside wave 3rd . Wave 3rd target 1425
*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
INFOSYS is showing a RSI DIVERGENCE, with H&S. i have drawn correction waves, after that it needs to get its bull run, since from past few days, nifty IT, IS getting corrected a lot, because of American news, so this made its bearish trend to continue, and reach its support(which started before the bull run). this month will be a bearish nature of INFOSYS.
INFY if break down 1670 it will come down upto 1550 i expect 10% fall from current price of 1720