The ultimate target is marked and beware of this type of falling wedge. This has a higher probability of triggering a parabolic downmove rather than a reversal.
#Infy

More from Aakash Gangwar

Aakash Gangwar
@akashgngwr823

Took a lot of time. Right now it is now or in August.
#HAL https://t.co/4DwnS5iLcW

Low risk short entry point is almost there.#HAL https://t.co/8Ornlx7rFz pic.twitter.com/0jxmH2z6z6
— Aakash Gangwar (@akashgngwr823) June 21, 2022

Aakash Gangwar
@akashgngwr823

A good possibility for US 10Y to make a new high but a slower one this time and probably should mark the top
#US10Y

Aakash Gangwar
@akashgngwr823

A rising wedge when broken decisively on the upside turns into a channel and stretches a little on the top of channel after a non stop move. Expecting this trajectory as of now.
#DXY

Aakash Gangwar
@akashgngwr823

This doesn't even look like a correction now. Looks more like an impending crash. Marked base looks inevitable.
#Crude

Aakash Gangwar
@akashgngwr823

Couldn't capitalise the initial move. Only few trades even though I was pretty sure about it. That's trading for you my dear friends 😅
#CNXIT

Almost there. Be prepared to see 33k again in Nifty IT. Only for swing trades, no investment here. #CNXIT https://t.co/RMAsQweoFY pic.twitter.com/BmKD7g6Q8i
— Aakash Gangwar (@akashgngwr823) May 25, 2022

More from Infylongterm

$Sachin Jain \U0001f1ee\U0001f1f3 \uea00$

Sachin Jain 🇮🇳 ...
@StockSaathi

Correction in #infosys 🔻

feb'07 - oct'08 ---- -57%
jan'11 - aug'11 ---- -38%
apr'16 - may'17 ---- -34%
oct'19 - mar'20 ---- -40%

Learning after a deep correction it stands today at 1748 which is the example clear a great INVESTMENT on dips.

#investing 👍

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

#Infy will go on to complete 13 waves (ideally above 4000) - Current drop up to 1600-1450 will be a buying opportunity within 11th wave..

Sandeep Kulkarni
@moneyworks4u_fa

1.6x PEG on forward PE is not cheap for most stocks but this is Infy...Pristine quality.

Infosys PEG ratio (1-year fwd PE/EPS growth) down to 1.4x from a peak of 2.7x as PE cut by 27% & EPS growth cut by 5% - trades at 23.3x PE for 11% FY23 growth. If this is a mid-cycle correction, its done BUT if this is the great valuation reset - more fall coming

Place your bets pic.twitter.com/9ZlaLDcxPZ
— ThirdSide (@_ThirdSide_) May 25, 2022

Sumit Mehrotra
@SumitResearch

#Infosys Biggest Falls

Apr 15, 2011---9.58%
Aug 18, 2017---9.56%
Mar 16, 2020--9.22%
Jul 15, 2016----8.82%
Mar 13, 2014--8.54%
Jul 12, 2012----8.36%
Jan 12, 2012---8.43%
Mar 12, 2020--7.99%
May 29, 2014--7.84%
Apr 18, 2022--7.84% (Today)

It has Seen Much worst Days

Sandeep Kulkarni
@moneyworks4u_fa

Infy which has been the flag bearer of IT sector has reached oversold levels on weekly where it has formed major bottoms.
Nifty IT as oversold on weekly as it was when it made major bottoms in Oct 2008, Aug 2011, Nov 2016 & Mar 2020.

1/
Hello, my name is Gal,
I am an Israeli citizen, and I want to convey this urgent message to the world: Contrary to what you are told, Israel has not "returned to normal" in any way >>

2/ Moreover, despite the desire to create a setting as if there was a full and normal routine here - the Israeli Ministry of Health JUST RECOMMENDED TODAY TO EXTENT THE DECLARATION OF A “STATE OF EMERGENCY” in Israel >>

3/ to which is the foundation for coercion, violation of basic rights, severe discrimination under a "green mark (pass)", prolonged closure (Of about 5 months overall) and a lot of undemocratic and not “routine" restrictions. >

4/ If the situation in Israel had "returned to routine thanks to the astounding success of vaccines" then the "state of emergency" would not have continued.

5/ In fact, since the beginning of the "vaccination project" there has been only more intimidation and in many ways - even though the closure has been lifted, much more coercion.

SK
@sk_diary1

Margatha Natarajar murthi - Uthirakosamangai temple near Ramanathapuram,TN
#ArudraDarisanam
Unique Natarajar made of emerlad is abt 6 feet tall.
It is always covered with sandal paste.Only on Thriuvadhirai Star in month Margazhi-Nataraja can be worshipped without sandal paste.

After removing the sandal paste,day long rituals & various abhishekam will be https://t.co/e1Ye8DrNWb day Maragatha Nataraja sannandhi will be closed after anointing the murthi with fresh sandal paste.Maragatha Natarajar is covered with sandal paste throughout the year

as Emerald has scientific property of its molecules getting disturbed when exposed to light/water/sound.This is an ancient Shiva temple considered to be 3000 years old -believed to be where Bhagwan Shiva gave Veda gyaana to Parvati Devi.This temple has some stunning sculptures.