Obviously appreciation of dollar dxy is not helping IT stocks
as there is immence pressure due to economic out look in US.
Our IT stocks are just the reflecting the sentiment prevailing in US.
Though our banking stocks exhibiting lot more resilence our IT stocks are not.
There is clear head and shoulder breakdown has taken place in infosys.
Yesterday in Nasdaq it has witnessed selling.
Probable target shown in the chart.
This is my study not any trading recommendation.
Don't forget to like this post.
Follow me to get updates.
as there is immence pressure due to economic out look in US.
Our IT stocks are just the reflecting the sentiment prevailing in US.
Though our banking stocks exhibiting lot more resilence our IT stocks are not.
There is clear head and shoulder breakdown has taken place in infosys.
Yesterday in Nasdaq it has witnessed selling.
Probable target shown in the chart.
This is my study not any trading recommendation.
Don't forget to like this post.
Follow me to get updates.
Nota
Nota
INFY adr in nasdaq had declined yesterday and crossed my target line.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.