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Infosys Stock Price Action showed failure at swing high before Q2 Results

Infosys Price Action – Q2 Results and Changing Market Structure

By Trading Predator October 19th, 2018 No Comments

Infosys released their Q2 results in which they’ve reported 13.8% growth in consolidated profits (much of it has to do with foreign inflows). In the recent market turmoil, some sectors like IT, Manufacturing etc., didn’t suffered much Impact. Probably it has to do with their dependency on Dollar revenue, as higher dollar prices kept their