Infosys , Decreasing volume/ Price & Inverted hammer

Recently we saw how infosys respected reducing volumes and reducing price pattern. When the price is reducing and at the same time the volume is also reducing it means that many people are reluctant to sell the stock at less cost. If you see the infosys chart it clearly followed the same.

At the upper side the down trend was seen  with a inverted hammer.So for now this stock is likely to move down in short term.



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