INFY TRIANGLEGood for both Long and Short after BO/BD price not moving much from 3 sessions can give big move.
Infosys
Infosys LTD stock to be taken for long entry.Major resistance level of 700 has been broken & close above 700 is the bullish sign in the stock . This can be taken for long entry. The next Resistance level at 720-725 . So for safe target this can be taken for day or swing traders. But once the level of 725 broken then the stock will move to the level of 745. So add the stock in your watch-list. Trade with the levels given & keep stop loss with reward to risk ratio .
Infosys Is Clearly In Uptrend...#GOLONG Infosis is above 20 days and 50 days moving average....If it breaks the trendline support zone will become resistance zone, till it is not breaking the the trendline you can take long position in the support zone.
NSE:INFY
Infosys swing trade Refer chart for levels
Buy if it sustains 646-653 for the targets of
(678-685) / (694-700) / (713-720)
LONG POSITION ON INFOSYS[ b]This analysis is only for educational purposes, Invest at your own risk!
INFY closed at 652.30 on Friday with relatively low volume near its Support line
An uptrend can be seen in the ON BALANCE VOLUME INDICATOR
Using the pitchfork an uptrend can be spotted in the price too
A long position can prove to be profitable by buying in at 652-653 Range and targeting around 670-685 range
The percentage profit should be based upon the risk taking capabilities of an Individual
ALL THE BEST TO EVERYONE !
Cheers!
INTRA-DAY TRADE IN INFY FUTINTRA-DAY TRADE IN INFY FUT
PLEAE ADJUST FOR FUTURE RATES
BUY@668
STOP@660
TARGET@678
QTY=2400
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
Infosys wait for the brekoutInfosys trading in a symmetric triangle
Wait for the breakout in either direction
Infosys LongA small profit opportunity can be bagged only with a reconfirmation till 744!
All suggestions are welcome!
Thank You
Infosys wait for 590 levels to accumulate/investAs IT sector, already had it's much-awaited bull run this year. If already invested in NSE:INFY , then with the Q2 2018 results you can exit or short at around 720 levels for a target of 590 odd levels.
Must start accumulating it from around 590 levels and buy on every dip from there.
Note: Also it formed a Bearish Engulfing on a monthly time frame
$infy cup and handle $INFY small cup and handle pattern in the making in current may month series? 1:1 risk reward ratio? Let’s see!!! #Nifty
Ascending Triangle Formation on Infosys
1. Ascending Triangle Formation on Infosys on one hour chart.
2. Wait to infosys to break the price level of Rs 650.
3. Buy above 650 Target 680 , 723
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 29/04/2020Key Levels for RELIANCE :
UPPER BREAKOUT~1447.35
FIRST TARGET~1467.45
INTERIM RESISTANCE~1488.60
FINAL RESISTANCE~1506.90
LOWER BREAKOUT~1416.15
FIRST TARGET~1394.10
INTERIM SUPPORT~1372.95
FINAL SUPPORT~1354.35
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Infosys Chart Pattern !!TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
R:R is 5-6 times.
Infosys IntradayBuy above 693 for the target level of 711 and above. while keeping a stop loss at 650
TECH Mahindra gets Bowled!As published earlier with little bit information about TECHM, i am feeling very bearish on this stock of upto levels of 465, and beyond that is a bonus one can dream of.
A complete beautiful inverse bear pennant. it will follow the yellow line towards the last white line. if not will consolidate but not break the red line (Unless with volume) which is unlikely impossible! Short below 500 and see wonders. ALSO if it breaks green line, it cant break orange line. Have peaceful profits!
INFOSYS POSITIONAL CALL DONE!INFY positonal call given few days ago have given huge movement and can retrace back to 662. MAy book profits one who are holding.
