INFOSYS-SHORT TERM: STRONG, LONG TERM: WEAK, PREVAILING BIAS: STRONG
Infosys may break 3000. I don't like the way it is drifting down with low volumes. If it does break 3000 (a very strong support), the next level is 2700 (and that where it stayed for most part of the year). If you are trading, then a stop loss at 3000 is warranted. For it to establish a strong uptrend, it will need to break 3200 with 3-4 times average volume and stay there for 10-15 days
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