Infosys on breakoutInfosys has given a clear and strong breakout on daily and weekly charts. Expecting 1700+ levels soon. CNXIT is going strong.
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
Breakout In IT index I am not good with chart presentation and with another fancy indicator. I will make it simple and clear there is a clear breakout in the Nifty IT index. INFOSYS is leading the way and it gonna outperform other IT stocks and today it is at a lifetime high of 1501.
#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.
Leave a comment that is helpful or encouraging. Let's master the markets together .
Long on Infy for 17/June/2021Hey Guys,
Take Long positions on Infosys Ltd for tomorrow's targets upto 1505 as plotted on Charts
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.
Cup And Handel Pattern In Infosys Ltd.Cup And Handel Pattern In Infosys Ltd.
Entry, TP, And SL All Are Given On The Chart
INFOSYS - PARALLEL CHANNEL TOPAs the IT index has made ATH after 5 months of consolidation, its time to look out some hot IT stocks. As the price started to move from the lower end of the channel it can move upto upper end in 2-3 months.
wabag can look for tp of 328-330 on weekly tfwabag can look for tp of 328-330 on weekly tf positional basis
kindly support us by giving likes and cheers so we can bring more setups
Disclaimer: Only for educational and learning purpose
Infosys on long journey Infy is on long Journey after recent breakout & Re-test .
This is no way any investment advise . These are just my personal thoughts .
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Check these successful trades & approach on Britannia ,Mothersumi , DLF, Biocon , Daawat ,Infosys , HBL power , HDFC life , HindZINC
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INFOSYS, Symmetrical Triangle PatternINFOSYS, always move like its sectoral index.
In very good symmetrical triangle pattern.
Enter on buy side it close above trendline near 1395.
Infosys / Infy near Sell zone - Short here for quick profitInfosys / Infy sell in range of 1420 to 1440
SL - 1480
Targets - 1365, 1350, 1325
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
Time to be Long -INFOSYS, Buy above 1415Infosys is going to give breakout above 1415 .
Currently it’s getting resistance at 1400 levels.
On daily basis it’s respecting trend line at the previous highs.
CMP is above ichimoku clouds and waiting for a good volume breakout.
Buy above 1415 and hold for the target of 1452/ 1476/ 1492.
INFOSYS - LOWER PARALLEL LINE CHANNELAs you see in the weekly chart the price following the parallel line channel, whenever the the price touches the upper end of the channel it gets pulled towards the lower end and vice versa.
Now, the price is at the lower end of the channel, giving opportunity for investors to get in the stock for long term.
