Update on Infosys ABCD pattern posted earlier.
Fibonacci values are converging at 2100 levels in this stock, which forms the D point in the pattern. If we compare it with Nifty, Infosys is showing strength. Today also it threatened to hit the stop loss for this pattern. I feel it is better to leave this pattern and consider it as a failure.
2 comments:
its 2100 ..wish it was 1200 :)
Thanks for correction Kruichh :)
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