Infosys made head and sholder pattern too and breaking important trend line (blue) will bring some selling pressure below 1650 if it sustains below 1650 than 1640 immediate target if 1640--38 is too broken down than sharp correction towards 1610 may follow in coming days
Infosys chart oatterbs show a Flag Breakout with Momentum
NIFTY 50 EOD ANALYSIS -03-08-21 IN SUMMARY Open / High / Low / Close 15951.55 / 16146.9 / 15914.35 / 16130.75 Trading Range Low to High: 232 points Likely Max Realistic Opportunity @ 50%: 116 points India VIX: 13.75 / +7.34% FII DII activities: +1818 Crores CHART BASED CONCLUSIONS What an impressive rally from Nifty - even on a 5-minute chart, only once it...
NIFTY 50 EOD ANALYSIS -02-08-21 IN SUMMARY Open / High / Low / Close 15874.9 / 15892.9 / 15834.65 / 15885.15 Trading Range Low to High: 58 points Likely Max Realistic Opportunity @ 50%: 29 points India VIX: 12.81 / +0.08% FII DII activities: -34 Crores CHART BASED CONCLUSIONS Once again the opening 5-minute candle had movements that almost covered the...
NSE:INFY Simple Trade setup for INFY for 02-08-2021. Chart and levels are simple to trade intraday on 02-08-2021. Do comment if you have any doubt or suggestion.
TRADING WATCHLIST FOR W/B 02-08-21 INTENT This is a new series of periodical posts where I would share the scrips that I come across and find good to keep on my radar for the next trading session/s. The post may not be a daily feature as it depends on whether I am able to find some opportunities. I will only be sharing the time frame and the script name. I will...
A follower asked me what is the basic difference between the two and whether people with a smaller capital base should invest than trade. So I thought of sharing my thoughts on the subject which may vary from what the reader has in mind. It is a matter of perspective and beliefs and views are more likely to be diverse than alike. I propose to share my thoughts...
NIFTY 50 EOD ANALYSIS -29-07-21 IN SUMMARY Open / High / Low / Close 15762.7 / 15817.35 / 15737.8 / 15778.45 Trading Range Low to High: 80 points Likely Max Realistic Opportunity @ 50%: 40 points India VIX: 12.95 / -5.41% FII DII activities: +1190 Crores CHART BASED CONCLUSIONS Nifty was made to end the expiry below 15800. A psycho victory for the bears...
Short Infosys near 1600 Stoploss 1620 Target 1550 and 1510 Megaphone Pattern
NIFTY 50 EOD ANALYSIS -27-07-21 IN SUMMARY Open / High / Low / Close 15860.5 / 15881.35 / 15701 / 15746.45 Trading Range Low to High: 180 points Likely Max Realistic Opportunity @ 50%: 90 points India VIX: 13.23 / +6.27% FII DII activities: -731 Crores CHART BASED CONCLUSIONS Nifty ended the day as if today was 19-7-21, just around the same level....
NIFTY 50 EOD ANALYSIS -26-07-21 IN SUMMARY Open / High / Low / Close 15849.3 / 15893.35 / 15797 / 15824.45 Trading Range Low to High: 96 points Likely Max Realistic Opportunity @ 50%: 48 points India VIX: 12.45 / +5.87% FII DII activities: -825 Crores CHART BASED CONCLUSIONS Nifty ended the day as if today was 22-7-21, just around the same level. 23-7 seems...
NIFTY 50 EOD ANALYSIS -22-07-21 IN SUMMARY Open / High / Low / Close 15736.6 / 15834.8 / 15726.4 / 15824.05 Trading Range Low to High: 98 points Likely Max Realistic Opportunity @ 50%: 49 points India VIX: 11.89 / -9.99% FII DII activities: +700 Crores CHART BASED CONCLUSIONS A 202-point recovery reads interesting. However, in effect, we have ended the...
Infosys Ltd. gave a fresh breakout of a flag and pole pattern.
NIFTY 50 EOD ANALYSIS -20-07-21 IN SUMMARY Open / High / Low / Close 15703.95 / 15728.45 / 15578.55 / 15632.1 Trading Range Low to High: 129 points Likely Max Realistic Opportunity @ 50%: 65 points India VIX: 13.21 / +4.18% FII DII activities: -1,961 Crores CHART BASED CONCLUSIONS -- Pre Covid ATH had given similar gap-down candles and even now we have...
#93 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know. Leave a comment that is helpful or encouraging.
Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little. Where do you think the stockmarket is heading? Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250,...
Stock is rising in an impulsive fashion , as wave 12345 with wave 4 as triangle. One should go long on cmp, with SL of 1547 for the minimum target of 1592 & above 1592 look for 1625/1655. NOTE: wave 4 in an impulse suggests that trend is going to exhaust soon after a new high. One should be very careful and book profits early.