INFOSYS has shown a clear breakdown of its important support of 1660. Moreover, it has made a huge gap which is worrisome. It appears that the stock will be in the down trend in medium term. Unless there is a positive chart structure is formed buying in this stock is not recommended at any lower price. Seeing overall chart destruction, we wish to sell the stock.
CMP - 1567
TARGET - 1300
SL - 1680 Weekly closing basis.
CMP - 1567
TARGET - 1300
SL - 1680 Weekly closing basis.