INFOSYS: IntradayInfosys ready to give a fresh breakout of a wedge pattern. Looking at how the whole IT sector is going and the recent momentum gained by Infosys itself touching new all-time highs with every trading session, Infosys has more steam left.
But for intraday, we must be prepared for both sides.
keep target and stop loss for both directions handy as there can be some minor profit-booking also in the coming days.
For target and stop-loss use your setup.
Infosys
Nifty and Banknifty analysis for tomo with levels & top stocksImportant 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, 35,340, 35,400, 35,529,
INFOSYS New High Coming Soon!!On Daily Chart, Infosys is going to touch again 1500 level in the coming weeks. The last time when it breaks resistance at 1315 makes a high 1476 which is more than 150 points. If my study right then in the coming week is going to touch a new high. Moreover, It is near to support level so buy near to 1360 to 1375.
For Long-term Target of 1550 with no stop loss for the period of 6 months.
Traders can short INFY as it is near the ceilingDear traders! Infosys has been rallying strongly for more than 4 weeks now.
In the 4-hour chart, we can see a ascending price channel with multiple touch points.
Since the direction of the channel is upwards, this is known as an ascending price channel.
Price has created higher highs and lowers lows within this channel.
Currently, price is on it's way towards the upper trend line of the ascending channel.
The area around 1520 could be ceiling for INFY.
My recommendation
Sell Entry : 1510-1530
Stop Loss : 1570
TP : 1370
#68 INFY SHORT SWING ANALYSIS#68(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.
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Infosys channel breakout predictionInfosys price is running between a channel.
Security-wise average deliverable percentage for May 2021 till 21-05-2021 is almost 57%.
If stock successfully breakout the channel, we can expect an upside move for a new positional entry.
Fundamentally the company is performing very well. Also dividend of Rs.15 per share is declared.
After breakout, wait for a pull back. Stock may retest the support level and then it can move upside. Take entry after a confirmation candle with a good volume.
Disclaimer : I am not Sebi registered or expert in stock market. This is my personal analysis for educational purpose. I am not responsible for any profit / loss.
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intraday idea for tomorrow #equity INFOSYS INFYTRIANGLE PATTERN BREAKOUT so its gonna be a bullish explained well in charts.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. bye






















