Clearly infy now is in a correction to go according through the trendline
Indicators like MACD still shows a sell signal
volume is not suffienient enough currently seen to see a burst.
It may touch the trendline at somewhere around 1662 and see again a journey upside again.
Rsi indicator is currently 45 which may go upto or below 30, once touched the low levels fill your baskets as
LONG TERM trend is pure UPTREND.
Currently we say a rickshaw man doji at 27-sep-2021, since then we are seeing a bearish trend recently but wait for trend reversal at short term again !
Indicators like MACD still shows a sell signal
volume is not suffienient enough currently seen to see a burst.
It may touch the trendline at somewhere around 1662 and see again a journey upside again.
Rsi indicator is currently 45 which may go upto or below 30, once touched the low levels fill your baskets as
LONG TERM trend is pure UPTREND.
Currently we say a rickshaw man doji at 27-sep-2021, since then we are seeing a bearish trend recently but wait for trend reversal at short term again !