Om Sri Ganeshaya Namaha

Om  Sri  Ganeshaya  Namaha
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Thursday, May 5, 2011

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

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