Get started

INFY

INFOSYS - POSITIONAL TRADE WITH VERY GOOD R:RSymbol - INFY INFY is currently trading at 1942 & approaching ATH resistance zone. I'm seeing a trading opportunity on sell side. Shorting INFY Futures at CMP 1942 I will be adding more position if 1980 comes & will hold with SL 2025 Targets I'm expecting are 1780 - 1700 - 1580 P.S. : INFY is approaching ATH resistance zone after a long time. ATH resistances are usually hard to break in one go. To break this resistance, INFY must spend some time here (2-3 weeks) before breaking out. Only then we will see more price growth towards the upside. As of know, given modestly high valuations of INFY & overall market, The setup looks more towards negative side & It is highly likely that the price will take resistance from here & change its course to south. I've shorted far month futures already. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:INFYShort
by akshit_official
2
INFY: Consolidation near ATHThe stock is consolidating neat ATH where as overall IT sector is on the up-move. This stock is just gathering all power to break and sustain it's ATH. Till now there is no closing above the consolidation but once it is there, this stock has all potential to move up to 2500 levels. DISC: The publication idea is just a technical analysis and should not be considered a buy or sell recommendation. Please consult your financial advisor before taking any trade.
NSE:INFYLong
by trade_opportunities
1
Infy testing 2 and half year old resistanceInfy is currently testing a significant resistance level from two and a half years ago, presenting a key opportunity for a potential breakout. The stock is forming a rounding bottom pattern, which could signal a shift from consolidation to a bullish trend if it successfully surpasses this long-standing resistance. Traders should closely monitor the price action around this resistance zone, looking for a strong breakout accompanied by increased volume to confirm the pattern and anticipate a potential move higher. Any failure to break through or signs of weakness around this level may suggest a need for caution.
NSE:INFY
by TradePatternsLikePro
INFY -Cup and Handle BO wklyINFY-Cup and Handle BO wkly Name - INFY Pattern - Cup and Handle Timeframe - Wkly Status - Breakout with good volume Cmp - 1943 Target - 2279 SL - 1731 Fundamentals: Here are some key financial ratios for Infosys Limited: Price-to-Earnings (PE) Ratio: 29.871 Price-to-Sales (P/S) Ratio: 5.032 Debt-to-Equity Ratio: 0.101 Return on Equity (ROE): 33.56%1 Net Profit Margin: 11.6%3 Enterprise Value to EBITDA: 19.912 These ratios indicate Infosys’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage. Pattern: Cup and Handle The Cup and Handle pattern is a bullish continuation pattern often used in technical analysis. Here’s a breakdown of its key features: Structure Cup: The pattern starts with a rounded bottom, resembling a “U” shape. This indicates a period of consolidation where the price gradually declines and then rises back to the original level. Handle: After the cup is formed, a smaller consolidation or slight downward drift occurs, forming the handle. This part typically has lower trading volume. Interpretation Bullish Signal: The pattern is considered bullish, suggesting that the price is likely to continue rising after the handle is formed and a breakout occurs above the resistance level at the top of the cup12. Volume: Ideally, volume should decrease during the formation of the cup and handle, then increase during the breakout1. Trading Strategy Entry Point: Traders often enter a position when the price breaks above the resistance level formed by the top of the cup. Stop-Loss: A stop-loss order is typically placed below the lowest point of the handle or the cup to manage risk2
NSE:INFYLong
by VCharts_TA
Infosys and Atul Ltd. Showing High Rise In Future OIINFY The stock price was strongly rejected near the 1,730 level and experienced a significant drop. Later on, the stock found support near the 1,380 level and started to climb. Once the price broke through its trendline resistance, it made a sharp upward movement and reached its previous resistance area. Due to the rising volume, there is an expectation that the stock could break through the resistance and continue to move upward. Additionally, the MACD indicator is showing strong momentum as it is trading above the zero level. ATUL The stock has been on a downward trajectory, consistently creating lower highs and lows. A recent breakthrough of the parallel channel has been noticed, accompanied by a rise in trading volume. Moreover, the RSI indicated a divergence amidst the downtrend, with the current RSI standing above 70, indicating strong buyer momentum. There is a potential for the price to move upwards from its current position.
NSE:INFYLong
by GoodluckCapital
INFY - Price Observation & overview1. Consolidating within the trendline, soon or later a strong breakout of the trendline and ATH will be expected. It gonna take its sweet time! 2. Whenever the IT sector stats moving we can expect IT stock to start outperforming, till then it is just accumulation for the long term. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:INFY
by SuperNova396
4
medium term shorting opportunity in InfosysHi, NSE:INFY has given a bearish flag breakout on weekly charts with very good volume. MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the current momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Election outcome this week, so position yourself accordingly. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:INFYShort
by raigvivek
2
INFOSYS - ANTICIPATING REVERSALSymbol - INFY INFOSYS is currently trading at 1445. 1450-1400 is a good support area for INFY. I'm seeing a trading opportunity on buy side. Buying INFY Futures at CMP 1445. I will be adding more if 1425 comes & hold with 1395 SL. Targets I'm expecting are 1495 - 1570 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:INFYLong
by akshit_official
3
INFY | Swing Trade📊 DETAILS Sector: IT Services & Consulting Mkt Cap: 624,227 cr Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS. TTM PE : 25.10 (Low PE) Sector PE : 34.35 Beta : 1.37 📚 INSIGHTS Mid-range performer Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest. 7.12% away from 52 week high Underperformer - Infosys up by 2.15% v/s NIFTY 50 up by 4.49% in last 1 month 📈 FINANCIALS Piotroski Score of 6/9 indicates Average Financials Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst. If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you. 🔍 More Analysis & Trade Setups 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
NSE:INFYLong
by Munish_Jain
15 Jan ’24 — BankNifty stance change from neutral to bullish 🐂BankNifty Analysis - Stance Bullish ⬆️ BankNifty also gets a stance upgrade from neutral to bullish today. After we crossed the 47539 resistance, its level as support never got tested. Today’s gap-up was not so visible for the banks - but the price action was more healthy. 4mts chart The stance change came only in the last 15 minutes or so when BankNifty started to shift the gears. 48250 was a level I was watching for. Even though we did not breach it today, the momentum banknifty showed in the last 1 hour was more than satisfactory to change the stance. 63mts chart The last candle made all the difference today, that is the secret ingredient for the change of stance. For tomorrow, the first thing BN has to do is take out the 48422 levels and if possible get a new ATH. The quarterly results from the component stocks will have a huge role to play. Look what the results of TCS, INFY, WIPRO, HCLTECH did to the NiftyIT sector - it almost went up 9% in the last 2 sessions.
NSE:BANKNIFTYLong
by viswaram