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Infosys

Infosys (Infy): Positional view on this IT giantFrom 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 around 1400 - 1350 levels, having pulled back up from those levels. As always, keep a SL at 5-8%. Note: Not a buy/sell recommendation. Do consult your investment advisor and due diligence.
NSE:INFYLong
by TheUnlearningOne
2
INFY - Ichimoku Bullish Breakout 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 purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:INFYLong
by nikunjbhadja
INFOSYS case studyINFOSYS AT 1590 levels is around strong supply zone, Descending parallel channel resistance around 1610 levels Horizontal resistance around 1602 to 1630 as per previous swing high levels, Bearish divergence on RSI with respect to price, Bearish wolf wave formation, where price are trading above the structure formation which indicate overbought situation , counter might face strong resistance in zone of 1600-1630 levels , which should be used to exit long position if any, now fresh investment in this counter above 1670 levels on daily closing basis Down side counter can give retracement till levels of 1500-1480 once reversal is confirmed. Time to be cautious in this counter.
NSE:INFY
by RUDRA007
Infosys - Possible Wyckoff accumulation scenarioKey highlights: ⚡️ Consolidating in the weekly demand zone for the last 4 months. ⚡️ Wyckoff accumulation schematic on the daily time frame. ⚡️ The market structure started shifting after the establishment of the low on 17 July. Hence, it is an important low. ⚡️ The logical short-term target is near the 1730 zone. If the price manages to push above the range high, expect 1700 and higher in the coming weeks. Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk. Happy learning. Cheers! Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:INFYLong
by johntradingwick
4