Infosys
Infosys_10% upside for a target of 1550Date: 05 April 2021
Infosys has formed a bookish cup and handle pattern. It can give 10% upside.
INFY1405.90 has STRONG RESISTANCE, BUY ONLY IF BREAKS THIS LEVEL, and 1405.90 will become SUPPORT and STOP LOSS.
OR else Go for SHORT if Breaks SUPPORT (Blue line) STOP LOSS 1405.90.
NOTE: These targets are for only POSITIONAL traders/LONG Term Investors not for Intraday traders.
INFOSYS LTDINFOSYS LTD is on the verge of Breakout.
Setup- Cup&Handle Pattern
Keep on Radar.
Getting Ready for Breakout
Entry After Breakout and Again enter at retest Set Up Prepare
Stop Loss for Short Term 1340
Stop Loss for Mid Term 1300
Stop Loss for Long Term 1230
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
@CapitalGain360
Infosys - Cup and Handle PatternNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a cup & handle formation with RSI just crossing 60. Nifty IT is outperforming Nifty Index today as well. Price above 1400₹ should see more upside.
SL: 1315₹
Double Bottom & Ascending triangle - InfosysInfosys moving in an Ascending Triangle.
Also forming a double bottom pattern within the triangle.
View: Might take a final retest at 1320 levels & can go for a run.
Target: 1450+
SL: 1250
Risk : Reward = 1:2
Investing OppurtunityInfosys has just taken a support from its long on going trend line. Expected to reach 1400 by March end.
INFOSYS - Tale of Double bottomsA Cup and Handle pattern being formed inside the Parallel Channel.
The Cup made double bottoms and not its the handle that has repeated that.
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Infosys Buy Signal - Swing Stop loss - 1320
Target price - 1390
Minimum 3% profit and go on with trailing stop loss
📊 #infosys #infy #niftyit #nifty #nifty50 #banknifty 🎯NSE:INFY
if stocks go below current candle one can short as per their intraday trade setup and one can go for swing short after such conformation.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
INFOSYS SETUP FOR SWING TRADINGINFOSYS can give Breakout.
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Breakout level is 1400.
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Rsi is around 67 so it's not is overbought zone.
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You can enter in the trade After the Breakout of 1400.
Infosys can make the New High.
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4th Quarter results is also declare in the April. So it can also Effect this share.
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You can give your suggestions in comment box.
Infy LongI hope you can now see how Infy represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Leave a comment that is helpful or encouraging. Let's master the markets together
Infosys Target 1430Date: 09 March 2021
Infosys (CMP: 1345.55)
Targets are given in the chart along with SL
INFY chart analysis for 8TH MAR 2021 [Instructions below]READ THIS: Less than 05% of the analysis has failed so far. I am posting 10 a day. You can check the history.
1. Check the levels and analysis.
2. If you are new, trade in low quantity or trade with virtual currency.
3. Don't trade immediately on a breakout or a breakdown. Let the price retest the level. Then let it give a confirmation candle. Only then trade.
If the conditions are not fulfilled, it is not a breakout. It is a fakeout.
3. If (or when) the stock moves 25% to 50% in our direction, start booking partial profits. This is very important as the stocks, a lot of times, show a reversal.
3. After the day ends, come back and play back the candlesticks, if you haven't traded. Check if the levels hold.
4. Hit that like button and comment if you find the analysis is holding.
Long for INFY RIsing from Bottom and SupportT1 -- 1338
T2 -- 1387
Duration -- 1 month
Stop Loss -- Rs.1,260/-
CMP -- 1288
INFOSYS GAME OVER ???Shooting Star On Monthly Time Frame.
Best Selling Zone 1330-1340, Strict SL - 1400 (Monthly Closing Basis)
If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 1st Or 2nd Week Of This Month Than Maintain SL On Weekly Closing Basis.
If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 3rd Week Of This Month Than Maintain SL On Monthly Closing Basis.
Target - 10-20-30%
Infosys Ltd- Hourly Time frame- Things may go South before NorthInfy is a "Short" in the smaller i.e. Hourly/15m timeframes and undoubtedly a "Long" in higher TFs.
It seems to have completed (or about to complete) an Impulse 5 move up which is a part of wave 1 of one larger degree which is in-turn a part of wave 3 of the largest degree, if you understand what this means. (Since strangely Trading View doesn't allow you to post 2 charts together, unless you are a premium subscriber, I am unable to post the higher TF charts. You could message me, should you need a copy of the same to be emailed)
Cheers !!
Note : This view would be invalidated if the price crosses 1330 (61.8% ret) with force.
Infosys Infosys formed descending triangle. As per request, I posted this article. Anyone can ask stocks-related queries. I try to post any stocks as per request.
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Disclaimer:- It's just for educational purposes.
Infosys - Thursday TradeInfosys has taken support at Trend Line. I breaks support then levels of 1260 and 1230 can be seen in coming days. If takes support and rises then 1300, 1320 levels can be seen in a session itself.
