INFY a good time to BUY / GO LONGInfosys has given a range breakout of Head and Shoulder Pattern , and we have got a closing also outside the range, so this is a good price and time to enter LONG.
Risk Reward should be at least 1:1
Infosys
Infosys Infosys' long-term trend is very strong, it takes bounces from the 1400 level which is 38.20% of Fibonacci retracement with solid volume
Infosys analysisBO can happen because the volume is supporting the price movement.
Good RR we can catch here.
INFOSYS ready for bull rally. INFOSYS chart indicating bull rally by forming INVERTED HEAD AND SHOULDER pattern. One thing to notice that trend reversed from its Fib retracement golden ration 0.618. Breakout with high volume needed above 1517-1520 to keep trend continue.
TARGET 1677
SL 1405
INFY Looks Bullish Fresh Breakout SeenINFOSYS looks bullish, Fresh Trendline breakout is seen yesterday (20th July 2022) and Today Retested the previous Resistance which acted as support and now ready to head towards higher levels. I am Looking to Go Long on INFY Future around Current Price 1518- 1520 With Stoploss 1495 And Expecting Targets of 1550/ 1580 in the next 1-3 Trading sessions.
LONG INFY if closes above 1545 Inverted head and shoulderNIFTY IT seems to give range breakout and infy is forming an inverted head and shoulder. Lets see where it goes
Infy It Looks that Pannet Pattern formed...
First Target 1520
Second Target 1600 if with stand above 1560.
Just for understanding,
Trade on your own Risk.
#Infy Long (30 June)#Infy Long (30 June)
RSI- 40
RSI divergence
Buy at CMP - 1468
SL- 1440
Target- 1515, 1554, 1583
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
Infosys on a technical boomNSE: INFY
If Breaks Then The Targets could be Taken at 1520
Time Frame :- 1 Hour
Patterns Name :- Infysos
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
BREAKOUT IN IT SECTOR Indian IT Sector is very close to the breakout area.
This breakout from the falling bear channel is also supported by RSI as we can see the Higher Highs and Higher Lows formation.
Look for an entry in fundamentally strong leaders of this sector.
!!! This is not an investment advice and do your own due diligence before investing/trading on any script !!!
!!! This post is only for educational purposes and not advising anyone to trade on behalf of this trade !!!
INFY more downside below 1518- Intraday LevelsIf INFY crosses below 1518 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
Infosys Chart Analysis !!📈 Infosys 📉
My Findings :-
1. Breakdown of Strong Support Zone of 1660-1680 with GAP.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. But IT Index at Support. To get more confirmation can be waited till IT Index Breaks down. Check IT Index Chart below for reference.
Bias- Short
Target- 1541, 1441 and 1313
SL- 1760
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Cautious !!Earlier support line is acting as a Resistance line.
Enter only when Resistance is broken for target 158, though momentum shows uptrend, Short term trade to be done on caution.
See Infy to stabilize @1380 - 1320 zone in upcoming days.nifty it can drag nifty a bit more in upcoming days.
Infosys trade setupGo long with $INFY shares at current market price, SL on closing below 1532.30 and target 1780/1800/1850.
POSITIVE DIVERGENCE; INFOSYS# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.
#infosys #infy At support NSE:INFY
As we can see Infosys stock at one of major support even RSI Divergence seen on daily time frame, we just need price action conformation for Swing long.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
InfyInfy CMP 1297
looking at the structure ,
With today's Low intact,
Expecting it to move up...
Chart is for study purpose only!!!
Infosys : Long opportunityInfosys is facing heavy selling laely, and is approaching good accumulation level. The idea is to target a minimum of 10 percent in the given trade setup.
Divide the entry into two legs. The first entry should have half the units you plan to buy at entry 2.
Levels posted on chart
INFOSYS Expecting some bull baCK rally in #INFOSYS till 1620 to 1640 levels ( #Sell_on_RISE). Fresh buy for Long term can deploy first 30% now.
Though i'm in bearish trend but expecting some pull back in NIFTY which move towards minimum 17130 to max 17473 to 17653 levels, then huge fall ( #SELL_ON_RISE market).
Thank you for Following.
wedge pattern breakdown with huge gap IT sector under pressure
Infosys looking attractive by the price but don't go for long or positional until the price come in the wedge pattern
Infosys trades below 200 EMA, which is also a weak sign for a sound fundamental stock.
the chart looks like, it is the start phase of the downside.
I WILL UPDATE AGAIN WHEN INFOSYS LOOKS FORWARD TO BULLISH.
