Infosys Buy Signal - Swing Stop loss - 1320
Target price - 1390
Minimum 3% profit and go on with trailing stop loss
Infosystechnicalanalysis
INFOSYS GAME OVER ???Shooting Star On Monthly Time Frame.
Best Selling Zone 1330-1340, Strict SL - 1400 (Monthly Closing Basis)
If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 1st Or 2nd Week Of This Month Than Maintain SL On Weekly Closing Basis.
If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 3rd Week Of This Month Than Maintain SL On Monthly Closing Basis.
Target - 10-20-30%
Descending Triangle Pattern in InfosysDescending Triangle Formation has seen in Infosys : Setup looks Bearish, wait for Triangle to broke.
Breakout in Daily Charts*NSE Cash study
Infy did try very hard to cross the 20 day EMA yesterday and did too but couldn't hold. Nearing the end of the day, IT stocks took a beating and so did the market.
Now, looking at the charts today, RSI held above 50 and so did the trend on the daily charts. I see a strong support at 1290 levels so we can go long with a stop-loss below 1290 for targets of 1350 and 1380 or even 1390+.
Infosys ltd short on the wayNSE:INFY
if u find reversal befor that blue line one can book their long and can short as well.
INFY - Wedge pattern breakout and pullback doneNote: This is for educational purpose only.
After wedge pattern breakout in nifty, seems pullback is done. Hammer candle stick pattern on resistance turned support formed. If price closes above high of the hammer, there might be a confirmation of uptrend.
