Stock looks ripe to touch the lower end of falling trendline at 792.
In Bear Market Stock which fall the most are the first one to rise and make a lower low.
Buy above 754 TGt 759,766 and 773
Sell below 743 Tgt 734,728 abd 718
Infy taking support at 100 DMA 2600 and showing signs of recovery. It has formed an INSIDE Day candle in yesterday trading session which is a powerful signal that today we will have 2-3% rally in Infy.
Sell below 2612 Tgt 2591,2578 and 2550
Buy above 2650 Tgt 2670,2690 and 2734
Bear market rallies are backed with low volumes.
Stock is near the crucial trendline resistance of 789-792 move above it can take the stock back to 812 levels where it will face resistance
Buy above 786 Tgt 792,800 and 812
Sell below 777 Tgt 768,754 and 745