Infosys Chart - Hourly:
Update on Infosys ABCD pattern posted earlier.
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.
