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INFY : IN : SHORT TERM AND MEDIUM TERM FORECAST

As per my wave analysis, there are three possible options indicated by different colour arrows..

My preference, it should go up first and then drop fast..
Nota
Sorry, an updated chart, with correction of the pink up arrow base..

I expect the price to first go down and then go up..

syot kilat
Nota
Price action did follow my blue arrow direction till now. Prices did went down at the starting of the blue arrow and is going up now as anticipated.. Good going till now.. SL on BE.

Penafian