Infosys
Infosys : Long opportunityInfosys is facing heavy selling laely, and is approaching good accumulation level. The idea is to target a minimum of 10 percent in the given trade setup.
Divide the entry into two legs. The first entry should have half the units you plan to buy at entry 2.
Levels posted on chart
INFOSYS Expecting some bull baCK rally in #INFOSYS till 1620 to 1640 levels ( #Sell_on_RISE). Fresh buy for Long term can deploy first 30% now.
Though i'm in bearish trend but expecting some pull back in NIFTY which move towards minimum 17130 to max 17473 to 17653 levels, then huge fall ( #SELL_ON_RISE market).
Thank you for Following.
wedge pattern breakdown with huge gap IT sector under pressure
Infosys looking attractive by the price but don't go for long or positional until the price come in the wedge pattern
Infosys trades below 200 EMA, which is also a weak sign for a sound fundamental stock.
the chart looks like, it is the start phase of the downside.
I WILL UPDATE AGAIN WHEN INFOSYS LOOKS FORWARD TO BULLISH.
Infosys - Short oppInfy historically did not give much return to shorters post results even it missed the earning estimates. Post results it moved up or sideways and did not leave good RR for shorters. This time results are out on 04/13. Price is already trading below 21 MA, if short now target should be 1700.
Release Date
13-Apr-22
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Can you predict such falls? Fibonacci Retracements - (bad audio)Market fall may have taken few by surprise, but followers of price action techniques should have this scenario in their plan. Trend analysis (or Elliot wave analysis) along with Fib Retracements could be of enormous help if used in tandem with price action. They at least give you minimum target and levels, so that you are able to ride the trend and also do not make impulsive entry decisions.
(Disclaimer: the audio quality is really bad. Somehow the system is not allowing external mic and using internal mic which is capturing lot of noise. Tried typical methods but not working. If you have solution let me know)
Infosys - Bearish chart pattern -1514 breach?Infosys didnt manage to excite the markets. The slide is steep and a close below 1700 could well take it to next support of 1514. Missing street expectations is weighing heavily on the IT behemoth. If 1700 provides support, then it could consolidate at 1700 before recovering- BUT a breakdown seems to be the way forward given the steep downward momentum. What do you think?
Infosys Analysis !! Breaking Out.📈 Infosys 📉
In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector.
Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021.
On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:PERSISTENT resistance BONSE:PERSISTENT
#NSE:PERSISTENT trading bullish for few days and reached key resistance level,
Post confirmation, may show good momentum, all levels marked on chart !!
Happy LEarning.
Infy Swing Trade Opportunity NSE:INFY
this might be good break out swing trade, trade as per your trade setup.
everything mentioned on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Infosys LONG as well as SHORT opportunitiesInfosys has tested the support of 1700 to 1660 many times, thus this becomes a crucial level.
If this supports get broken a nice short trade can be initiated on the downside.
if it broke above 1770 after a pullback it can continue its trend on the upside.
It is necessary that structure of broader market improves for any stocks to head higher in the short term.
INFY- Ready For A Breakdown#INFY
Sell-Below 1650
Sl-1700
T-1510
#INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in weekly TF below 1650, target will be till 1500.Then we have to see price action weather it will take a U turn from there or it will continue.
Idea is invalid above 1800. So plan your trades accordingly.
Simple Trade Setup | INFOSYS | 07-03-2022 [INTRADAY]NSE:INFY
Trade Setup for 07-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
SWING SHOT FOR INFOSYS !!!!<#MONDAY#>
<#SWING-TRADE#>
@VK2413
NSE:INFY
{
INFOSYS is at its best support zone...
have it now in your portfolio..
for a few months you will feel it's potential..
IT sector is making news too..
GO WITH THE FLOW....
LEVELS are given in the charts for swing shot😉..
}
Fallow @VK2413 ,like❤️,Comment✌️,Share your view too..
INFOSYS ... another swing in makingAfter weeks of under-performance, Infy seems to be gearing for a upmove, once again entering the same old rising parallel channel, keep watching this chart
And as always do not enter any position without own study
#DYOR
WHERE IS NIFTY IT HEADED ?Nifty It has been showing no particular direction for the past week, sometimes on a solid green day it manages to fall and sometimes seeing Nasdaq it seems to gain some points but what is the real direction of this sector?
I have taken the top 5 Nifty I.T stocks that have the most weightage in this sector and have analysed them.
Below are all the top 5 constituents of cnxit.
1. INFY
2. TCS
3. HCLTECH
4. WIPRO
5. TECHM
INFY
I can spot LH LL formation in this and seems like it has had it's pullback and will continue to correct itself.
TCS
TCS has been following this support trendline for sometime and it can be taken into account that after double top tcs went for a pullback and again a low can be made near 3550 levels.
HCLTECH
HCLTECH is facing resistance from 1200 levels which is psychologically and technically a strong resistance level and now it seems like it's due a correction.
WIPRO
Took a bounce from the demand zone but is still below the 200 ma and flip level.
TECHM
Techm looks like that it is sitting on a crucial level and the next few candles can give us a sense of direction.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
These are just my views and I am not a SEBI registered analyst so consult your advisor before taking any trades.
Infosys for Swing tradeScript : Infosys (NSE, BSE : INFY)
Can be traded as swing with the sl of 1650, for the target of 1790/1840/1900/1940/2000++
Reasons : W pattern(Double bottom) in making at demand zone, support from 200EMA
>> NOTE : I’M NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS
I’M NOT A SEBI REGISTERED ANALYST
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Infosys - Swing TradeAlmost all the IT stocks looking bearish and among those Infosys seems to be the weakest.
Please wait for the trigger level to cross and close below that level atleast in 1H time frame.
Further target will update as per Price Action.
INFSOSYS TRIANGLE BREAKOUTNSE:INFY has broken out of a 2 month descending triangle pattern with a gap-up break.
Indian markets are very weak and volatile right now. A possible gap filling could be seen before INFY makes a move towards its all time high. A Position can be taken if stock sustains above it's all time high, targets extend to the above resistance trendline at 1950-1970 levels.
If FII's turn net buyers, INFY could see a huge rally after breaking 2000.
INFY be neutral nowNSE:INFY
INFY may be a very good opportunity for long if gives any bullish signal
or
may go further down
INFOSYS LTD All analysis has been given on charts itself.
The stock has been bouncing from the support Level, hence the stock may bounce back from there again. Hence Trades must be taken only above suggested levels of 1855 i.e Confirmation Level.
Upcoming Target: 1920 and 1942.
Feel free to share your feedback and queries.
INFY stay LONG !Infosys made today low 1700 and recovered well from psychological level. If rallies continues there might be sharp pull back from here. immediate target for 1780 and sustains above 1800 then target 1900/- can be seen again !
