BO can happen because the volume is supporting the price movement. Good RR we can catch here.
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
INFOSYS 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.
NIFTY IT seems to give range breakout and infy is forming an inverted head and shoulder. Lets see where it goes
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) 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.
NSE: 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
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 !!! !!!...
If 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 📉 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...
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.
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