Pattern breakdown may see a big fall

14 Şub 2022

After the recent fall, Infy has formed a Pattern breakdown - Price went below and managed to move inside the pattern. The next direction depends on where it closes today, inside or outside the pattern.

The fall may be big if it closes below the pattern. The target could be at 38.2 Fib retracement level. The correction should happen for the rally Infy has seen for the past 2 years. However the 2 major support level before it reaches the target downside.

19 Şub 2022

Not

Price more likely to hit 1662 in the next few sessions

24 Şub 2022

Not

Very close to the strong support region of 1662. If this level is broken downside, a big fall can be expected