infy !!! and my favorite color red ....will like to see it deep red upto even 1040 levels soon !!!!!!]
will that be possible
with stop loss of 1089 ...!
need to check
Infosys
Infy Bullish signalRenko, supertrend & Aroon combo gave a bullish signal on NSE:INFY . Interestingly this is also confirmed by MACD 'BUY' Signal (not shown in this carts).
Buy above 1189 for a Target of 1220(T1), 1236(T2) & 1258(T3).
Invest in InfosysInvest in INFOSYS for long term.
As per the charts, 1400+ is possible in 2 years.
Add on dips.
Infy Jan Future Sell @ 1030 Sell Infy Futures below 1030 ( if it sustains at this level for 1 hour ) . If its above 1030 then take a long above @1038
Buy InfosysPlay for CUP & handle break and buy and add on dips.
Target of the pattern seen as around 1150 which is Buyback price.
INFOSYS for Short swingInfosys hitting 38.2% of fibonacci level which is also a high resistance zone. A possible swing trade on the short side.
Buy INfyVery lucrative from risk reward perspective. Should be able to hold 870 at these levels. Going forward expecting it to touch atleast 1000.
INFY- Right at support of up trending channel... let see gonna mINFY- Right at support of up trending channel... let see gonna make it or break it
infy - Harmonic possibilityIf Infy closes below 900 levels on monthly chart.
Then Probability of cypher pattern may unfold.
Infosys : Right Now @ pretty Good Support !We never know whether the support is taken & infy revives to upside or not, only after it happens we will know that. But our trade plan is if at all the support breaks lets try short on Infy towards 930's
Infy: Playing the Golden RatiosHit like if you think this observation can be useful.
Trade safe, stay healthy.
Best Regards
Bravetotrade
Infosys- Uptrend expectingPrice stuck between 50 and 200 MA as support and resistance, expecting a good swing trading stock in making. Keep an eye !!
Infy : Need to Debug IT !Triangle breakout - downside : so obviously short positions in Infy. There is a wick pierce our of triangle , I feel that's just market makers who took stops of retail traders while going bearish but we can't say for sure also. Anyway look for further downmoves unless it(IT) is debugged !
Infosys Heading Towards the 1000 MarkInfosys has reported a 3.44% increase in consolidated sales from the same quarter last year. The sentiment around Infosys is highly positive with reports estimating a possible high of over 1300+ over the next 12 months. The stock is definitely a hold atleast for the next few months and considerable profits could be expected.
Nifty IT Medium term viewWe are looking at a 8 year Nifty IT chart
Lets see what the chart is trying to tell us...
- Between 2009 to 2015 the price has risen from 1933 levels to 12908 levels
- Since Jan 2009 till March 2015 the index has been making higher top higher bottom
- It is only after March 2015 that the index is seen making lower top lower bottom on a regular basis
Hence applying Fibonacci retracement level on the entire Bull cycle seen in NIFTY IT since Jan 2009 to March 2015 (roughly 75 months)
- It is further observed that since 2015 Price is trading in a Downtrend channel
- Blue trend line drawn from 2009 lows looks likely to be the Laxman Rekha (Make or Break line)
2 likely scenarios have been charted out...
Eventual target for NIFTY IT-8750-8600 zone which is 38.2% retracement level of the entire rise from 1933 levels to 12908 levels
- Time wise 38.2% of 75 months is 29 months giving us time till Sept 2017
- Channel support around Sept-Oct 2017 comes at 8750 levels
Things that one should consider before initiating a trade
- this is a medium term 6 months view
- Wait for the levels to come
- allow price behavior around key levels discussed in the chart to give further confirmation
- Understand the Risk involved & Reward potential
- Plan your trade accordingly
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"Be sure you put your feet in the right place, then stand firm." - Abraham Lincoln
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Take care and safe trading...!!!
Infosys Buy setupInfosys has a trend continuation pattern on daily chart. Buy on trendline break with initial target @970 - keep stop loss near 910.
Infosys is a Long term betInfosys done a double bottom out and need some sort of news to start the next bull run.
If by any chance, price came down to 950 or lower, just a BLIND BUY for long term without any stop loss.
If it goes up and breaks 1040, buy for long term with SL of 1000.
Double top INFY WeeklyInfosys is been under lot of pressure lately. The double top has formed and it is close to it support levels at 950. The A/D indicator does not confirm the sharp move seen in the stock and the RSI is also close to 40.
Recommend to watch this stock next few trading sessions.
Long if it moves firmly above support levels with high volumes. Target 1040.
Short if it moves below support levels with confirmation on RSI and A/D. Target 870
INFY will move to 900 levels in coming days.Infosys is looking weak. Will move to 900 levels before bouncing a bit and then further downside. Avoid longs until it looks good.
Target: 900 (32 points)
Stoploss: 943 (11 points)
R/R: 1:3
Regards
BULLISH SIGNS ON INFOSYSThe Buyers are gaining the strength and looking to push the prices to the level of 1045
BUY @ 972
STOP LOSS = 950
TAKE PROFIT = 1042
Infosys Buy at trendline BreakBuy Setup:
Infosys is in a very bullish area after a long time. It bounced off the good support near 1010 level. Buy if it breaks the above trendline.
Short Setup:
If infosys breaks the support, let it retest the resistance at 1010 before shorting it with a target near 960 level
INFOSYS Bullish Trend is underwayDouble Bottom has been formed on daily charts of Infosys hinting a bullish trend in coming days. Weekly trend is also UP.
But in short term, a bearish divergence is formed which can lead to a small correction/sideways movement in coming days and then it may continue it's long term bullish trend.
Buy is suggested post correction.
INFOSYS - TRENDING UPIt is been observed that the price action formed a bullish hammer candlestick pattern at the trending up channel indicating a further move up. It took a strong support at 1000 levels.
Target: 1030
Stoploss: 995
