nifty it can drag nifty a bit more in upcoming days.
Go long with $INFY shares at current market price, SL on closing below 1532.30 and target 1780/1800/1850.
# 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.
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...
Infy CMP 1297 looking at the structure , With today's Low intact, Expecting it to move up... Chart is for study purpose only!!!
consolidation zone infy infosys great risk to reward ratio with sl of 1515
Infosys 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 on it's important support and RSI oversold.
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.
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.
Infy historically did not give much return to shorters post results even it missed the earning estimates. Post results it moved up or sideways and did not leave good RR for shorters. This time results are out on 04/13. Price is already trading below 21 MA, if short now target should be 1700. Release Date...
Infosys didnt manage to excite the markets. The slide is steep and a close below 1700 could well take it to next support of 1514. Missing street expectations is weighing heavily on the IT behemoth. If 1700 provides support, then it could consolidate at 1700 before recovering- BUT a breakdown seems to be the way forward given the steep downward momentum. What do you think?
📈 Infosys 📉 In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector. Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021. On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone. All Important...
NSE:PERSISTENT #NSE:PERSISTENT trading bullish for few days and reached key resistance level, Post confirmation, may show good momentum, all levels marked on chart !! Happy LEarning.
NSE:INFY this might be good break out swing trade, trade as per your trade setup. everything mentioned on chart. ******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...
Infosys has tested the support of 1700 to 1660 many times, thus this becomes a crucial level. If this supports get broken a nice short trade can be initiated on the downside. if it broke above 1770 after a pullback it can continue its trend on the upside. It is necessary that structure of broader market improves for any stocks to head higher in the short term.
#INFY Sell-Below 1650 Sl-1700 T-1510 #INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in...
NSE:INFY Trade Setup for 07-03-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...