For #INFY Investors!#INFY on Weekly Time Frame. 1525 WCB can be SL for Short Term Investors. If that's saved, we can again see 2200+ levels in coming weeks. All depends on how IT performs in coming days!
INFY
INFOSYS Ready for bull run after a major Support ReversalNSE:INFY was making higher high from past 6 Months and taking support around 1650. Now after a continuous sharp fall from 1950 from last 2 weeks now It has touched 1650 and again took a support and given a Quick Reversal now from here at 1700 we can go long with at least 50% Qty and rest can be added on retest and target can be should be 1950 and a resistance can be seen at 1800. I have already took the entry with a very small SL of 50 points for Risk Reward of 1:5
ENTRY :- 1690
SL :- 1645 - 1650
TARGET :- 1800, 1950 & Above
LIKE | FOLLOW | COMMENT
Soon Nifty IT Bounce Back...As you can see in above chart Nifty IT have Support...So, Soon it can Bounce Back with Large Cap & Mid Cap IT Stocks...
INFY be neutral nowNSE:INFY
INFY may be a very good opportunity for long if gives any bullish signal
or
may go further down
INFYNSE:INFY
Intraday and swing trading chart analysis.
RD Trading intraday stocks watchlist for tomorrow january 27
cheak them all.
INFOSYS LTD 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.
INFY stay LONG !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 !
NIFTY50 Future Intraday support and resistances 24/01/2022NIFTY50 may open gap up because of good Q3 results of ICICIBANK, if nifty sustains at the upper levels we can see levels of 17800/17950 in NIFTY Future.
If on the lower hand levels of 17500 breaks in Nifty Future we can see levels of 17450/17320 in Nifty Future
my views of infy it seems a clear 3rd wave extension and it feels the top of 3rd wave has been created it may retrace to the marked levels and may become ready to launch again into wave 5.
INFY - Possible Rebound in the coming week ?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 Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
Nifty, Banknifty and top stocks analysis for tomorrow + levelsDespite a considerable gap down opening, the indices were able to recover well in the last half an hour. This was largely thanks to stocks like ICICI Bank, HDFC Bank, Reliance, etc. With Reliance earnings announcement scheduled for today, could the markets be ready for a 'dhamaka' on Monday?
Infy LongInfy Long
NRC's seen last week, now breakout confirmed
RSI-68
Buy at CMP- 1868
SL- 1789
Target- 2015
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Charts and views are only for educational purpose.
Infy - Triangle target hit and it will flyInfosys after a long consolidation, meanwhile forms a triangle structure and breaks out to hit the target and moving beyond as with CNXIT
Infy AnalysisOne of my fav stock, Infy gave consistent great returns for a long time and now its under Consolidation.
As per the trendline the Stock shouldve crossed 2000 by now. It'll happen sooner.
Volume breakout has happened now and we can expect the rally to continue once it crosses its resistance at 1784.
Great support at 1670. currently at its support level 1715. keep on radar and watch for entrypoint.
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Short Infy 1874 Absolute TOP - RISK REWARD RATIO 1:5Nifty IT is overhyped and euphoric , as it was there in Nifty . Short Infy as it is one of the leader of IT sector after TCS .This will play role in falling of Nifty IT.
Note : This suggestion is Data Backed from Stock Data Science . You can take positions after consulting your Financial Advisor . Please manage your risk accordingly.
weekly view on infy (infosys)1800 and below 1730 is good demand zones if price comes in these zones it give bounce to price , now also price at monthly resistance if price not broke yesterday high it can fall upto 1800 here our long start. it is my study plz dont trade it is only for analysis. if you like this plz comment or you want zones of your stock plz comment thankyou
NIFTY IT Bullish Flag BreakoutNifty IT is showing Bullish Flag breakout Pattern
IT sector showing strength
Simple Trade Setup| INFOSYS | 23-12-2021[INTRADAY]NSE:INFY
Observations:
1) On 1day time frame, as expected it is consolidating above 1800 level now. And volume is slowly decreasing.
But good thing is that it is holding above 1800 level.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 23-12-2021
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 support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Infy: Resistance getting breached... Readying for a breakout?Infy
The stock looks set to conquer 2000 odd levels
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
