INFY: Bearish Trend Continues with Retracement Towards 1100
INFY is currently experiencing a bearish trend on the weekly timeframe. Following a significant decline in price, there has been a bearish breakout below a key support level. The price has retraced back to this broken support level, indicating a potential continuation of the downward movement. The next support level is anticipated to be around 1100, further supporting the bearish outlook.
Related publications
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.