Elliott Wave Analysis of Infosys Ltd (INFY)
12 April 2013
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Elliott Wave analysis of Infosys Ltd tells us that we are currently in the C wave of a serious correction. Investors have already lost over 20% in just one day! There is more to come. However, we are approaching some short term supports, and those who have deep pockets can consider a very quick counter trend trade at the 50% retracement level. | |
But as always, keep your stops not too far away A safer trade will be to wait for the 61.8% level of 1975. Good luck. | |
P.S. This went out to members of the exclusive club earlier. One of our recent trades in the Indian market has yielded a profit of 23% already. | |
I teach exactly this kind of Indian stocks setup, step by step, in Module 9, Module 10, Module 17 and Module 18 of my course, built around real Indian stock case studies like TCS, BHEL and Bajaj Finance.