The stock is forming a rising wedge pattern on the daily chart. This time at the lowest edge of the wedge. If bounces back from these levels, a bullish run may be seen.
Currently at 1475 around. One should exit if sustains below 1460 ( below the wedge formation).
This illustration is only my point of view, for learning and sharing purposes, not a bit of trading...
With interest rates expected to fall in US, biggest beneficiary will be Indian IT industry due to revived IT spending. Infosys is my top pick with tgt of Rs 1900 in next 12 months.
Coforge Ltd form Inverse H&S pattern on chart, Neck line is placed near 5878 near. As per chart it is showing bullish reversal ice land pattern.
It can long for target 6363+ soon
#INFY #stockstowatch #stockmarketindia #trending
Infosys stock reaches it's important Daily support zone, if this breaks further it may have further fall to weekly support.
If consolidation done at this zone for upside rally can be expected as marked.. 👍😊🛫
IT stocks are looking quite bullish.
Infosys was consolidating in a flag pattern whose breakout was given last week.
A very good stock to buy for long term at an amazing price.
From trading perspective, 1300 is a SL with targets of 1700, and then ATH levels.
It is an FNO stock so big intraday moves shouldn't be expected.
Idea sahared for educational purposes
#infosys after making Strong Higher high and consolidating.
Best buy at CMP and hold for targets., maintaining proper Stoploss.
good to hold for targets of range 1600/1700/1800.
use your own technical analysis before any trade
Infy has given great breakout of trendline and when we share technical analysis in October we were positive and this is what happened and given a decent return since then..
Today, there is a news that a huge number of deal were terminated so that we have seen correction in the stock but as a technical analyst this correction is just healthy and part of retest to...
Stock is trading near strong BO zone, however, recent news of stock may drag it down for some time, however BO will be still the same level, so, follow chart for proper entry and exit.
👑Royal Trend👑
Topic Trading Things
How to make Big Profit💸 With Small Account
In this video we try to Identify Trend and Entry By Big Bull👑🤑🤑💸💸
How market really work with number's
How important is option chain analysis?
The option chain analysis data provides a very comprehensive view for all the available options for any particular underlying asset. This...
#INFY #Infosys #Trending #nifty50 #TradingView
Infosys (IT Beast) - After the Break out - Its again retest it's support zone.
One should wait for the Price action for Buying again.
👑Royal Trade👑
INFY IMPORTANT LEVEL
we buy Call and my Traget is 1483
Dont buy any trade without stop loss
This is only level we upload new idea in morning 9.30
Buy when Market Break
The support or Resistance
and wait for the closing and
set stop loss at the
last opening of the candle.
NOTE
#We Are Not Promote Anything
#This channel Purpose to share market...
It sector now at Break out zone. If close or sustain above 31500 then min. 5 to20% up side seen.
So grabe the Opportunity.
Disclaimer:- It's My personal view, before taken any decision plz take your Financial advisor help.
a correction was completed and a bounce back is taking place.
we may enter or wait and watch the wave formation.
NSE:INFY zic_zac wave has completed. we need to check whether it has over or correction may continue.
