Infosys is currently trading within a robust support zone that is visible on both monthly and weekly time frames. The stock has already responded positively to the weekly demand zone and formed a bullish engulfing candle on the weekly time frame. Additionally, selling volume has been decreasing, and a bullish divergence has emerged on the daily time frame as...
Hi Folks Please focus on Infosys, it formed M Pattern in Week Chart thru Parallel Channel from Apr 2022...it will decide market direction.
Hi Folks Please focus on Infosys, it formed Support Hammer Candle near Jun & Sep 2022 low.
✅ 1359-1394 is a Strong Support zone ✅ Try to look for Reversal on this zone
Demand zone as per previous swing low Bullish harmonic ABCD pattern formation RSI at historical support zone.. all indicate one thing,,,,,
Infosys is near crucial support on daily chart. We can take a swing trade here. Entry We can go long after close of strong bullish candle near support zone. Target We can keep target as the next resistance zone as marked on chart. Stoploss We can keep stoploss below the support zone. Please Like & Follow me.
if price breaks the level then we can plan for long and if it is taking rejection from that level then we can plan for short. both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do...
as we can clearly see inverse head and shoulder pattern form ...... you can w8 for the break of neck line or resistance level to ensure the breakout ....this patten can give us more than 200 points relly NSE:INFY
The 5 mentioned lines are critical points for Infosys. Investors should check the current market trend before taking any positions. Entry Between: 1560-1580 1st Exit, Resistance: 1770-1800 Breakout: 1900-1950 Stop loss: 1400-1380 NSE:INFY
NSE:INFY is a very strong fundamental IT company. recently it is underperforming since last 10 months, but on the daily chart frame it has created a beautiful inverse head and shoulder pattern, which is looking very promising. one can make position in this stock for the targets of 1960 in next 3 to 6 months.
-A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest. -A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal. -An inverse head and shoulders pattern...
Good day :) NIFTY IT has given a range breakout with a strong Marubozu open candle. Most of the IT stocks are performing really good and most of them are giving breakouts. I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS. This stock has been in a channel since May 2022. In...
NIFTY IT showing strength. Post B/O the majors have potential to move 15-20%
Infosys looking good if sustains above 1530 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Infosys Anylysis on 15min TF You can clearly see how the infy from last 20Days in Stuck between there So we can expect trending move either side. But Looking at Volune i dont think it can sustain above the level
From among the IT Pack, Infy is the one I'd love to keep a watch on. From the high to a 30% correction, the stock is slowly inching its way up. Forming a double bottom pattern, the current price is hovering near the neckline. Positive with initial targets of 1750, 1900 and 1950. Above 1950, we can expect good move upwards. The stock has strong support at...
Stock Name - Infosys Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1636 #This is not Buy and Sell recommendation to any one. This is for education...
Infosys forms the W pattern and also the trendline breakout. it will be a good buy at CMP or we can wait to fill the gap Targets are marked on the chart.