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Infosys Stock Crashes when to Buy Technical Chart Analysis According to chart analysis, there is a possibility of further decline in Infosys shares. The stock has broken its recent support levels, with the next downside targets at ₹1650 and ₹1550. RSI (Relative Strength Index): This indicates that the stock may still enter the oversold zone. Moving Average: The stock is trading below its 50-day and 200-day moving averages, signaling a bearish trend. Volume Analysis: A significant increase in volume suggests that large investors are also involved in this decline. Trading and Investment Opportunities This situation could offer excellent opportunities for futures and options traders. Short-Term Trading: Consider taking short positions with ₹1650 and ₹1550 levels in mind. Trade with stop-losses and a proper entry-exit plan. Long-Term Investors: Long-term investors may wait for further decline in the stock. Around ₹1400/1300, this could present a good buying opportunity.
NSE:INFYShort
by manojshinde27
7
XAUUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. 🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair . 💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
OANDA:XAUUSDLong
by okako_trading
NIFTY MIDCAP Select - Swing SHORT Nifty Midcap Select index made high on 16th Sep 2024 and then declined about 10% over the following 8 weeks. Uncharacteristic of pullbacks in the current bull run that started from Apr'2023, this decline was longer, printed 3 wide range weekly RED candles and also sustained below 100 day EMA or 20 Week EMA. The subsequent rally from mid-nov to mid-dec, though strong, did not have broader participation. The number of stocks above 100 D SMA went down from 80% on 16th Sep to 44% on 17th Dec (recent high). Now, with sharp decline on 20th Dec'24, odds weigh strongly in favour of bears towards move to bottom end of the falling channel range which presents a SHORT trade opportunity for the next few weeks. Shared for learning purposes.
NSE:NIFTY_MID_SELECTShort
by SwingBytes
All Major Index Analysis Shared Here:- Check Full Analysis These are the major sectors analyzed based on their technical charts and almost all are looking bearish. A few days back, I highlighted that IT and Banking sectors were weak and would eventually drag down Nifty due to their high weightage and that's exactly what unfolded. IT, Banking, Finance, and Auto sectors are clearly the weakest on charts. They are losing momentum and are likely to remain under pressure. The remaining sectors are bearish too but show signs of retracement which means they may not witness drastic falls. If you're looking to catch momentum or trade within this bearish market focus on the weakest sectors (as mentioned above). These sectors are likely to experience sharper moves and offer better opportunities for short trades or positional plays in the current market phase.
NSE:NIFTYShort
by Marketik
Nifty current view before christmas?Why am i doing this? because everyone in the market know that selling is happening Nifty recorded worst week. selling here there blah blah blah..... fed surprise, federal funding fears... all drama over. now its Christmas time....joy every where around. can our market give similar joy to us ? hmmm lets see. crazy last 3 months ( Oct - Dec) , looks like some people are mad and intentionally making Nifty 50 movements similar to bank nifty movements. mostly after weekly expiry is removed. As a long time nifty trader i am actually happy that i' m able to capture more points then previously, 3-4 years back nifty used trade in 100 - 150 points range and 200- 250 if some rally day and some outliers here and there. but now a days , ayoooo , some moves are crazy , similar to dow jones candle movements, ( speed and body length).... anyway... too much out of topic. simple view.... market is doing 5-3-5 correction. now we are at the end of 3rd leg of last 5 wave correction. see chart. simply putting some up move as Christmas rally ( leg 4) and one last wave (leg 5) of down correction is possible to end the month and also year..... finally....hahaha that felt happy to write because i learnt a lot this year...aaa again out of topic. I generally don't care much about exact end of leg 4 or leg 5 levels, i will go with flow once new weekly and daily pivots are formed that will keep my sanity in check. anyway this is the view i currently have. Happy Trading!!! Happy Christmas!!!! and Happy Newyear!!!! aaa disclaimer.... you know , if you feel it take it or else chuck it.
NSE:NIFTYLong
by dasgaaravishnu
Bitcoin broke its lower trendline a few hours back Bitcoin broke its lower trendline a few hours back and now the same trendline is acting as resistance. This reversal suggests bearish momentum in the short term. Adding to this Bitcoin has formed an indecisive candle near its top which is a classic sign of market uncertainty and potential bearishness. For Bitcoin to convincingly break its all-time high it might need a pullback to consolidate and build momentum. Tomorrow with Trump’s expected comments fueling market speculation, the Trump euphoria could decide the immediate future. While a bullish statement is likely.
CRYPTO:BTCUSDShort
by Marketik
Nifty view before a correction?Monthly CPR is higher high. market scaling heights . next level of possible resistance is monthly R1. yesterday we saw range break out with initiative buyers entering the market. we also saw double distribution trend day forming and ending at psychological levels of 24800 and ~200 points in reach of monthly R1. My view is the trend will continue as initiative buyers are in the market. ABC wave also have fib extension of 100% ar monthly R1 Fibonnaci time based extenstion also showing by July 24th the C wave will be over. lets see if it forms
NSE:NIFTYLong
by dasgaaravishnu
4
Nifty next levels. Weekly Time frame.Actuals 1)On 26th July ( Monthly Expiry for Nifty). Strong short covering rally was witnessed. 2) Market made new high but did not close there yet. 3) Market recently corrected due to Budget related issues but we witnessed bullishness still exists. Analysis 1) Market witnessed rally from ~7k to ~18k (~10500 - ~11000 points) followed by a complex WXYXZ "triple three" correction before resuming the next rally starting from ~15k to ? Confluence #1 1) Pitchfork was taken from 2008 low ( A) to 2020 Jan high (B) to 2020 Mar low. 2) Market extended this pitchfork, hence we duplicated same geometrical structure upside to find the end point for market to cool down. 3) Pitchfork market geometry shows the higher end resistance area in 26000 - 26300 range. Confluence #2 It looks like an ABC wave that should end around ~ 26K ( ~10500 - ~11000 points) rally similar to wave A starting from ~7k to ~18k. Wave A (rally) ~7k to ~18k , Wave B (correction ) ~18k to ~15k , Wave C ( rally) ~15k to ~26K. Time Used Fib time based extension . The rally started from Jan 23rd 2024 and showing a .382% extension to end on Aug 26th 2024 . Exactly 1 month from now and a definite profit booking area before resuming trend upside.
NSE:NIFTYLong
by dasgaaravishnu
5
Nifty updates with recent price action This is an updated idea based on the recent trends in the nifty price action chart. Earlier we speculated that Nifty might take a route of complex correction but the price action base shift is looking too fast for a correction. If Nifty is not doing correction then what????? Reversal patterns from top We have plenty of reversal patterns like 1) head and shoulders 2) symmetric triangle formations. 3) rounding tops 4) rectangles 5) double/triple tops etc..... Today we are looking at H&S pattern ( remember these pattern are more valid at daily or higher level time frames.) This is one of the more common and, by all odds, the most reliable of the Major Reversal Patterns. Volume is the main factor that indicates this formation and will keep it simple. Left shoulder high volume, head with volume but less than left shoulder and right shoulder formation with less /flat volume than head formation. Important points 1) first and foremost, neckline should be broken 2) After the break , price will mostly come for a retest ( since the formation is at higher time frame). 3) if price drops below neckline and exceeds the length of right shoulder, beware that price is not coming for retest and fall continues. current head formation is close to ~1550 points and a drop of further ~1550 points will take nifty to opening price level of June elections (June 4th 2025). This is the idea, lets see if this happens, will update more if see any shifts in price action bases. Cheers, Happy Trading
NSE:NIFTYShort
by dasgaaravishnu
Nifty Intraday Trade Setup | 19th January 2025Nifty opened with a gap-down around 23285 but remained weak for the whole day and made low near 23100. Tomorrow, Sell Nifty if sustains below 23160 for the targets of 23120 and below marked level. On the other side, buy Nifty if sustains above 23220 for the targets of 23260 and above marked level on the chart. Expectations: Volatile Day Intraday Levels: Buy Above - 23220 Sell Below - 23160 To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
NSE:NIFTY
by InvestPro_India
1
Nifty Weekly Doji candle View and targets. Hey Everyone, Bears are ripping bulls left right and center. More to come if 23000 level is broken. As long as 23000 is not broken at weekly level , market cannot come down. If broken below are possible levels. Downside ****************************** Heavy supply ( offloading shares) , Trump sanctions and high oil prices and bad corporate results. Demand is currently very low across nifty50 index. Anyway,. all the drama we saw in last 2-3 months (Oct - Dec) is just price action for next move. We might currently be in Wave C of ABC corrective Wave. 1) Wave C generally is as big as wave A giving target of (21864) 2) Wave C can also extend to 161.8% of Wave A and beyond , giving target of 20100 and a bit down till 19877 as there are 2 good FVG's in that are area to fill. ******************************** ******************************** My other analysis is giving a target of 21210 based on price action + 3 bar engulf candle + super trend ATR analysis bring the market next profit booking zone if (123.60 %- 131.00 %) (21156 - 20934). It's a (1:1) trade SL ATH entry at 23532 with target of 21210. ******************************** Upside Weekly TF formed a small doji candle with no body and almost equal wicks indicating equal selling and buying pressure exactly at July weekly election candle. Market might halt selling and can continue upside forming a W pattern which is also possible taking targets to 28000. We are at a crucial point as indicated by Weekly Candlestick formation. Lets see how markets will unfold ,so exciting. Happy Trading !!!!!!!! Cheers.
NSE:NIFTY
by dasgaaravishnu
7