π
INFY
Recommendation on
INFY
for the week starting 4th September 2023
π Current Status:
Closing Price: βΉ1443.85 π
52-Week Range: High of βΉ1672.60 ποΈ
P/E Ratio: 24.27 π
Position: Mid-range of 52-week high and low π―
π Technical Analysis:
1οΈβ£ Parabolic SAR: Recent buy signal π
2οΈβ£ Fibonacci Levels: Trending up past 0.618 π
3οΈβ£ MACD: Positive divergence π
4οΈβ£ Stochastics & RSI: Upwards but reaching the upper band (K at 100.00) π
5οΈβ£ %R and Fisher: On the upside (Fisher at 3.38) π
π― Recommendations:
Entry Point: Anytime on 4th September 2023 around 11:00-11:30 AM, if sentiment is positive π
Target 1: βΉ1457.35 π―
Target 2: βΉ1498.15 if Target 1 is sustained π―
Stop Loss: βΉ1401.9 π«
π Rationale:
INFY is a valuable buy for investors with a medium-term horizon. The stock is supported by several bullish technical indicators and is situated at the mid-point of its 52-week range.
π£ Disclosure & Disclaimer:
This recommendation is for informational purposes only and not financial advice. Kindly consult your financial advisor before making any investment decisions.
π± Want to stay updated?
Hit that subscribe button to get real-time analysis and stock picks! ποΈ
π Current Status:
Closing Price: βΉ1443.85 π
52-Week Range: High of βΉ1672.60 ποΈ
P/E Ratio: 24.27 π
Position: Mid-range of 52-week high and low π―
π Technical Analysis:
1οΈβ£ Parabolic SAR: Recent buy signal π
2οΈβ£ Fibonacci Levels: Trending up past 0.618 π
3οΈβ£ MACD: Positive divergence π
4οΈβ£ Stochastics & RSI: Upwards but reaching the upper band (K at 100.00) π
5οΈβ£ %R and Fisher: On the upside (Fisher at 3.38) π
π― Recommendations:
Entry Point: Anytime on 4th September 2023 around 11:00-11:30 AM, if sentiment is positive π
Target 1: βΉ1457.35 π―
Target 2: βΉ1498.15 if Target 1 is sustained π―
Stop Loss: βΉ1401.9 π«
π Rationale:
INFY is a valuable buy for investors with a medium-term horizon. The stock is supported by several bullish technical indicators and is situated at the mid-point of its 52-week range.
π£ Disclosure & Disclaimer:
This recommendation is for informational purposes only and not financial advice. Kindly consult your financial advisor before making any investment decisions.
π± Want to stay updated?
Hit that subscribe button to get real-time analysis and stock picks! ποΈ
Comment:
Target one has been achieved. Now you can either book the full profit and those who are having a risk appetite can book partial profit. And the partial amount can be carried forward till the next target level
Trade closed: target reached:
Exit position