Infy is trading in an upward channel with good support at the lower trend line for the last few months. We can go long with a target to the upper channel boundary.
STOCK now after good upmove dual top below 20 dma a short on bounce with 1347 short area 1318 to 1330 target area 1252//1247//1230///1190
HOW TO FOLLOW ALGO SIGNAL: Deciding buy/sell 1.Strictly use only on 1 hour time frame. 2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity. Taking a position: 3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
After strong bullish move in Infosys, it's consolidated and formed pennant pattern. In the last trading session, we have seen a breakout of this pattern. It will continue its bullish rally towards the 1332+ target
Target and direction mentioned in stock . Please like ,share and subscribe if you like the idea. @Note : For practice purpose only , refer to your stock broker before implementing
INFOSYS LTD - Ascending channel resistance breakout at monthly time frame Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient. Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
NSE:INFY if u find reversal befor that blue line one can book their long and can short as well.
INFOSYS EQUITY levels 31/12/2020 ...(D chart)
NSE:INFY sort on card till those levels one can long , at PRZ one can short as per their trading strategy.
Sell with the SL of 1210 for the target of 1115/1080/1050
INFY looks good after consolidating from past two months and the suppliers are exhausting, thus creating ascending triangle.
NSE:INFY AFTER A LONG RALLY ,PRICE STARTED TO CONSOLIDATE FROM MID OF OCTOBER FORMED A TRIANGLE PATTERN,WITH STRONG SELLERS INITIALLY PRICE DID NOT BREAK BELOW REF. POINT A, ALSO IT FORMED KIND OF HIGHER LOW FORMATION,INDICATING SELLERS ARE BECOMING WEAK PRICE HAS TESTED RESISTANCE LEVEL 1148-1150 FOUR TIMES. NEW RALLY MIGHT START ONCE PRICE BREAKS...