INFOSYS LTD
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INFOSYS SHORT

INFOSYS IS SELL FOR TARGETS OF 590-550.

REASONS:
1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE (BEARISH PATTERN).
2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START.

STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"

Bearish PatternsChart PatternscorrectivewaveElliott WaveinfosysINFYNIFTYniftyitRising WedgeTrend AnalysisWave Analysis

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