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
![](https://pbs.twimg.com/media/FSiRIt5acAA-RZ9.jpg)
More from Aakash Gangwar
Having the same view as before in Nifty. Is it a prediction? No, it is calculated trajectory based on the historical fractals. Manual version of backtest with a tinge of experience.
#Nifty50 https://t.co/ajpEwosu3v
#Nifty50 https://t.co/ajpEwosu3v
![](https://pbs.twimg.com/media/FO6W84CaUAAMY-6.jpg)
JK bhai let's have fake breakout in Nifty \U0001f61c
— Aakash Gangwar (@akashgngwr823) March 10, 2022
Not joking though, have a reason to anticipate that. https://t.co/idzSRIpWga pic.twitter.com/MNsTm3Mron
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
#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
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
— ThirdSide (@_ThirdSide_) May 25, 2022
Place your bets pic.twitter.com/9ZlaLDcxPZ