Trendline Support Test
Reasons for being bullish on INFY:
1. Sell off recently due to correction in broader market
2. 50 DMA has crossed 200 DMA recently indicating this is only a pullback in a bigger uptrend
The stock could be watched during the next week before taking a further position, especially with respect to overall market direction
1. Sell off recently due to correction in broader market
2. 50 DMA has crossed 200 DMA recently indicating this is only a pullback in a bigger uptrend
The stock could be watched during the next week before taking a further position, especially with respect to overall market direction
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