Infosys Limited
Short

INFY showing head and shoulders pattern.

247

  • INFY might fall down to 1100 in spite of being fundamentally undervalued.
  • The stock might get carried away by weak nifty.
  • Crash of 25% possible.
Nota
The stock will have to cross Rs. 1600 to avoid selling pressure. Thus, avoiding Head-and-Shoulders pattern.

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