NSE:INFY Observations: 1) On 1day time frame, we can see that it is trading above 21DMA. 21DMA is placed at 1740.80 level. Which will work as support. Immdiate resistance is at 1760 level range. Please refer below chart : 1day Time Frame. 2)Also on 1 day time frame, we can see that it is trading in triangle pattern. Breakout on upper side will make...
NSE:INFY So far, all the levels are working perfectly as per given in previous trade setup. Most of all the Levels and trade setup remains same as per previous. Trade Setup for Date 11-11-2021: 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....
NSE:INFY Observations: 1) On daily time frame, we can see that it took good support from 21DMA and closed above it. 21DMA is placed at 1722.12 level. Please refer below chart : 1 day Time Frame. ------------------------------------- Trade Setup for Date 09-11-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for...
NSE:INFY Observations: 1) On daily time frame, we can see it has been taking resistance from 50DMA. 50DMA is immediate resistance and placed at 1711.50 level. Please refer below chart : 1 day Time Frame. From chart we can see that range of 1710-1720 is critical resistance zone. Sustainable breakout of it will make it bullish again. Please refer...
NSE:INFY All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 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...
NSE:INFY Observations: 1) On daily time, we can see that after 3 days of profit booking, it took support from 50DMA and managed to close above it. Also, if you remeber earlier, level of 1700 is major critical support. As far as it is giving closing above it, it has chance to start bullish run again. Major immediate resistance is at 1760 level. Please...
After hitting ATM Infosys 1848 corrected 100 points during market consolidation. NIFTY IT bleeding since couple of days which affected IT major stocks like Infosys. One can bet from here CMP 1753 for a target of 1875 for coming days for short term with stop loss of 1700.
NSE:INFY Trade Setup for Date 19-10-2021: Most of the levels will remains the same as per previous setup. 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,...
NSE:INFY We saw on 14-10-2021, after gap up opening and initial 15min trade, it started falling down with profit booking. We observe that money rotation goes from IT sector to BANK and BANKNIFTY made new ATH. And FII were net buyers and becasue of it HDFC and HDFCBank shot up. Observations: 1) On 1 day time frame, we can see good thing is that it took...
NSE:INFY Observations: 1) On 1 day time frame, we can see that now it closed above 50DMA as well as 1700 critical level. Which is a good sign. Downside breakdown of it, may result in profit booking. Please refer below chart : 1day Time Frame. 2) On 1 hour time frame, for short duration we can see rounding bottom pattern in formation. Neckline is at...
It's near to its resisstance, itvwould be very interesting to watch today
it given breakout on daily candle. RSI also pointing upward and showing strength in move volume is almost equal to the previous day.
Infosys formed a descending triangle on the 15-minute chart with price right now at the demand zone
Everything is mentioned in the video it self. Questions are welcomed
Infosys Ltd. gave a fresh breakout of a flag and pole pattern.
Infosys ready to give a fresh breakout of a wedge pattern. Looking at how the whole IT sector is going and the recent momentum gained by Infosys itself touching new all-time highs with every trading session, Infosys has more steam left. But for intraday, we must be prepared for both sides. keep target and stop loss for both directions handy as there can be some...
On Daily Chart, Infosys is going to touch again 1500 level in the coming weeks. The last time when it breaks resistance at 1315 makes a high 1476 which is more than 150 points. If my study right then in the coming week is going to touch a new high. Moreover, It is near to support level so buy near to 1360 to 1375. For Long-term Target of 1550 with no stop loss for...
Cup And Handel Pattern In Infosys Ltd. Entry, TP, And SL All Are Given On The Chart