Infosys is showing an evening star formation in the weekly chart. and is a reversal pattern. However do not jump to the conclusion and wait for 2 weeks. if stock closes below Rs 2,399 one can say that medium term trend in respect of the stock is down.
However during its upward journey it can scale to the levels of Rs 2,528-Rs 2,567 in the near-term. If these levels are not broken than one can short the stock with stop loss as Rs 2551.
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