INFY a 7% cut here should not come as a surprise. Alerted on its weakness several times in last 20 days. Without results reaction also this would had turned south. After Todays fall it not only broke 1670 which appeared a double bottom earlier, it also broke 1640 which is a channel support, hens gates for 1540 and 1425 are opened now. Would take time but should go there. On our post dated 15th,MARCH on INFY, I was very clear that I.T. Sector won’t sustain at higher levels. And next leg on downside would be triggered by I.T. Sector. Took time but playing out on expected lines.
INFY UPDATE
Published by SAAHIL BELIM
MY NAME is SAAHIL and I have been actively trading in EQUITY MARKETS from 2014. I have been using Gann theory in my TRADING JOURNEY since 2016. my approach to Gann THEORY is totally different than what you may have seen or heard in various YOUTUBE VIDEOS. I have developed multiple MATHEMATICAL MODELS which are based on METHODS described by sir gann in his courses. I never had used any kind of CHARTS to identify the TREND. hens I never share CHARTS to illustrate my view. I like to keep things SHORT and to the POINt! View all posts by SAAHIL BELIM
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