The chart for Infosys (INFY) displays a bearish flag pattern, suggesting a potential downward movement in the near term. Based on the current setup, the stock appears likely to reach the support level around 1725.
There are multiple lines of support around 790 levels. Though there is also a downward flag pattern, there are multiple levels of support(blue lines) and 2 support trend lines converging at that region.
I would use these multiple factors to ape into the trade.
Bitcoin chart shows downward trend.
Because of the uncertainty in the market both Crypto and the Equity market, the market might move in the downward direction leading to a massive drop in the price of bitcoin. The next 2 support zones are around 4.5k and 3k.
