Infosys crash down was surprise for you?

On last Friday every market person was talking about Infosys Ltd., every blog was ready to encash on the name of Infosys. Some analyst were really very frustrated because of such unexpected fall, might be they must be long on the counter. Yes, I received few calls on Infosys to go long also, but anyways it has fallen.

Dear friends, before moving ahead let me confess that even I had not expected such sharp fall. But with this disclaimer let me move ahead.  In my last post on 5th Apr’13, I have clearly mentioned that Infosys – Weakness Expected (you can click here).

Point I am trying to make is, Technical analysis study has already alerted about underlying weakness in prices, and which was quite evident on Infosys and CNX IT.

In fact I was casually going through my past posts and checking out my performance, and I am really glad to say that I am on a right track with an excellent strike rate. Although I become lazy many a times, and don’t care to write article on my blog, but whatever I have given I have done with due respect to my subject and achieved good results.

I know critics can doubt on my argument, but you can check my past post, and I am sure my critics will become my fan one day.

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