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    Deepak
    Dec 17, 2021

    Accenture Results 16 Dec 2021 & Infy ADR

    in Charts

    Accenture came out with results on 16th Dec, stock opened up nearly 10% and closed at 400 up 6.7%




    Interesting thing to note during the day was, it never made a new day high post opening higher. While all attempts to move up were sold into.



    What's most likely action now ?

    If the stock is not crossing the highs, the stock seems to be coming off only and most likely to do a gap fill which is there at levels of 376.


    Lets see how this goes further in coming days. It certainly had a rub off on Infy ADR which also closed up 3.6% and managed to hit a new life high today.



    Disclosure- I do not have any open position in the stock.

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