iNFY EXHIBITING HEAD AND SHOULDER PATTERN.
1HOW EVER PRICE HAS BOUNCED FROM NECK LINE
2 THERE IS DIVERGENCE BETWEEN PRICE AND OSCILLATOR(FROM LEFT SHOULDER AND HEAD AND HEAD TO RIGHT SHOULDER)
3 INFOSYS BEING A STRONG STOCK CAN ONLY BE SHORTED IF ITS PRICE CONVINCINGLY BREAKS THE NECK LINE
FOR THE TARGET SHOWN IN THE CHART.
2 THERE IS DIVERGENCE BETWEEN PRICE AND OSCILLATOR(FROM LEFT SHOULDER AND HEAD AND HEAD TO RIGHT SHOULDER)
3 INFOSYS BEING A STRONG STOCK CAN ONLY BE SHORTED IF ITS PRICE CONVINCINGLY BREAKS THE NECK LINE
FOR THE TARGET SHOWN IN THE CHART.
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