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...
<#MONDAY#> <#SWING-TRADE#> @VK2413 NSE:INFY { INFOSYS is at its best support zone... have it now in your portfolio.. for a few months you will feel it's potential.. IT sector is making news too.. GO WITH THE FLOW.... LEVELS are given in the charts for swing shot😉.. } Fallow @VK2413 ,like❤️,Comment✌️,Share your view too..
After weeks of under-performance, Infy seems to be gearing for a upmove, once again entering the same old rising parallel channel, keep watching this chart And as always do not enter any position without own study #DYOR
Nifty It has been showing no particular direction for the past week, sometimes on a solid green day it manages to fall and sometimes seeing Nasdaq it seems to gain some points but what is the real direction of this sector? I have taken the top 5 Nifty I.T stocks that have the most weightage in this sector and have analysed them. Below are all the top 5...
Script : Infosys (NSE, BSE : INFY) Can be traded as swing with the sl of 1650, for the target of 1790/1840/1900/1940/2000++ Reasons : W pattern(Double bottom) in making at demand zone, support from 200EMA >> NOTE : I’M NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS I’M NOT A SEBI REGISTERED ANALYST >> KEYWORDS (IGNORE) #intraday #stockmarket #nifty #trading...
Almost all the IT stocks looking bearish and among those Infosys seems to be the weakest. Please wait for the trigger level to cross and close below that level atleast in 1H time frame. Further target will update as per Price Action.
NSE:INFY has broken out of a 2 month descending triangle pattern with a gap-up break. Indian markets are very weak and volatile right now. A possible gap filling could be seen before INFY makes a move towards its all time high. A Position can be taken if stock sustains above it's all time high, targets extend to the above resistance trendline at 1950-1970...
NSE:INFY INFY may be a very good opportunity for long if gives any bullish signal or may go further down
All analysis has been given on charts itself. The stock has been bouncing from the support Level, hence the stock may bounce back from there again. Hence Trades must be taken only above suggested levels of 1855 i.e Confirmation Level. Upcoming Target: 1920 and 1942. Feel free to share your feedback and queries.
Infosys made today low 1700 and recovered well from psychological level. If rallies continues there might be sharp pull back from here. immediate target for 1780 and sustains above 1800 then target 1900/- can be seen again !
Key highlights: 1. Approaching 2 day demand zone 2. Bullish market structure on HTF 3. Continuous support from 200 MA in the recent past 4. Just in the flip zone 5. Psychological level of 1800 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...
Infy Long NRC's seen last week, now breakout confirmed RSI-68 Buy at CMP- 1868 SL- 1789 Target- 2015 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
CMP: 1845 Add at CMP as well as in dips till 1835-1840. It can show 1900, 1938 in January.
NIFTY 50 EOD ANALYSIS 12-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 18170.40 H 18227.95 L 18128.80 C 18212.35 EOD +156.60 points / +0.87% SGX Nifty 12-1-22 @...
NIFTY 50 EOD ANALYSIS 10-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17913.30 H 18017.45 L 17879.15 C 18003.30 EOD +190.60 points / +1.07% SGX Nifty 10-1-22 @...
NIFTY 50 EOD ANALYSIS 5-1-22 In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. O 17820.10 H 17944.70 L 17748.85 C 17925.25 EOD +120.00 points / +0.67% SGX Nifty 5-1-22 @...