Bearish GAP DOWN candle stick pattern formation is seen in infosys stock with high volume. Also MACD is crossing below the signal Line. A bearish crossover occurs when the MACD turns down and crosses below the signal line.
Infosys Bearish GAP Down 15th April 2019
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Stock Analysis
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Bullish View
Bearish View
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I feel this is not the time to short INFY rather to be patient wait for the stock to beat buyers levels. It will be much safe to short after 704. Also News are around INFY. So better to avoid. Also RSI is about to touch 40-37 range. Its the support zone