Infosys Technologies -- What do it's charts convey?

 Daily Chart

•  Trading below 200 dema
• 20 dema too has crossed below 200 dema
• Bearish head and shoulder pattern with a possible target of around 2300 if breaks below neckline where Infy is hovering around since huge bearish candle of 15th April. 

Verdict :  Bearish Bearish Bearish 


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Happy Trading !!
Lakshmi Ramachandran
www.vipreetsafetrading.com