Infosys rising Channel breakdowm (Educational)
The stock has seen Rising channel breakdown pattern multiple times on both weekly and daily charts. The initial breakdown from long term trend was seen at 1020 levels and the stock fell to 900 levels and retested the 1020 levels and now has created a fresh rising channel breakdown at 950 level and probably may drift down to 850-870 levels in next few weeks
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.