Infosys on very crucial trendline Infosys has been following this trendline from last year and seems to be very close to it.
We can see good momentum if it respects the trendline once again good stock for swing to short term.
Buy when bullish signal or pattern formation near trendline
Target all time high
INFY trade ideas
$INFY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $INFY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 66.67%.
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Watch for opportunityStock has recently broken a trend line negative side and now creating a channel so prefer to until for short term for next opportunity although always preferable to buy for long term as there is a lot potential in the company.
Also Nifty IT has also given same negative breakout so it should be preferable to watch for both to get stable for a better movement for short term