INFOSYS LTDShort
INFY | SHORT | STBT
INFOSYS and IT scrips are what is dragging Nifty down.
A short trade is setting up on INFY.
The Monthly Pivot and Weekly Pivot has been rejected and price is unable to sustain.
I anticipate a correction towards the 200 DEMA.
The Daily RSI is also weak which confirms the sentiment.
Target - 1802
SL - 1890
A short trade is setting up on INFY.
The Monthly Pivot and Weekly Pivot has been rejected and price is unable to sustain.
I anticipate a correction towards the 200 DEMA.
The Daily RSI is also weak which confirms the sentiment.
Target - 1802
SL - 1890
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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.
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.