October 22, 2019

INFOSYS charts... insider trading?

- stock is in weekend news due to some whistleblower complaint
- let us see what charts tell

- on 30 min, trend is clearly down

- on daily charts, one would be out of long in SEP
- the big bar in OCT failed to draw repeat buying
- now support around 760... will this break today?

- now here is the kicker
- the whistleblower letter is dated 20th SEP... same day as the longs got stopped out
- but the letter has come in public domain only recently

Charts:




Daily:



Letter:

Image

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