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INFY

Simple Trade Setup | INFOSYS | 19-10-2021 [ INTRADAY]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, 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.
NSE:INFY
by Trading_hawk
9
Simple Trade Setup | INFOSYS | 18-10-2021 [INTRADAY]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 support from 50DMA which is placed at 1700.51 level. 1700 level will be now very critical support level. Sustainable breakdown of 1700 level will lead it to more profit booking. But overall trend is positive for INFY. One who are holding equity can continue holding it. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date 18-10-2021: 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, 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.
NSE:INFY
by Trading_hawk
29
Simple Trade Setup | INFOSYS | 14-10-2021 [INTRADAY]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 1730 level. If it opens gap up above neckline and test 1730 level and takes support from it then it will give bullish move. But if it breaks down then it have immediate support at 1700 level. Please refer below chart : 1hour Time Frame. We can also see the critical resistance range of 1730-1740. Above this range it will be bullish. ------------------------------------- For positional buy trade safe buy will be above 1740 level only. Short to Mid term target will be 1850-1880 level. Keep SL as per your convenience. ------------------------------------- Trade Setup for Date 14-10-2021: 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 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.
NSE:INFY
by Trading_hawk
14
Infy: Chart set up, Result and trading strategyInfy - Prima facie 1745-1758 looks likely to be resistance zone - trendline resistance on 28 October comes around 1789 odd levels - on the downside 1640 / 1560 are 2 important support levels So there you go, Important levels have been identified. Given the set up, F&O Strategy that may be considered: Sell Infy 28 Oct expiry 1800 Call option currently around 18-19 The strategy has yield potential of approximately 9% on Margin requirement and covers risk for a rise up to 1818-1819 odd levels till expiry. 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
NSE:INFY
by indiamarketoutlook
Short term Swing trading opportunity in InfyShort term Swing trading opportunity in Infy Reasons/Traits : • Bearish Butterfly pattern formation yet to form • Dark Cloud Cover candle formation seen today • Symmetrical Wedge pattern formation is seen – Break out or Break down can happen in this formation for an intraday/short term swing trade • Price is under 20 SMA with decreasing volume What can happen next : Scenario 1 : Uptrend can continue to complete Harmonic pattern and reach 1.27/1.618 levels ( 1735/1755/1780/1800/1815) post break out of the wedge pattern Scenario 2 : Downtrend post break down of wedge pattern to reach 1675/1660/1650/1620 levels or till 50 SMA is touched and can take support there Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:INFY
by AdhigamaTrading
Infy: Chart set up and trading strategyInfy - Come October we have the result season in front of us Looking at the chart set up now: - The stock has fallen from 1760 odd for the 2nd time and establishes the importance of the zone as possible resistance zone - on the lower side 1595 zone acted as resistance earlier and has a possibility of acting as support zone Given the set up, Strategy that may be considered Short Strangle Sell 1820 Call option currently around 26 Sell 1580 Put option currently around 26 Max profit potential Rs 31200/- per strategy lot (Yield potential 17% approximately till 28 October 2021) Inbuilt loss protection for a - rise up to 1872 on the upside & - fall in price up to 1528 on the lower side 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
NSE:INFY
by indiamarketoutlook
INFY - Cristopher Nolan PatternINFY has been trading in the range 1665-1755 for almost two months. It has given some move on the upside, although it hasn't crossed/closed above ATH. MACD crossover is at the inflexion point, meaning signal line is about to cross, may be tomorrow. Also, there are multiple reasons why this is a good long candidate. 4) It is trading at 15% discount from IT index, its peers. 3)Has consolidated for a good two months 2)W pattern 1) Cristopher Nolan Pattern --- W inside a W Everything you need to know is in the chart. In short term: The first target is 1807 and second target is 1857, keeping it sweet and simple, although it has potential to cross 2000. Disclaimer: The information provided herein is for educational purpose. Please consult your financial advisor before making any decision. If you like the idea, give me a thumbs up and share it with others. You can choose to follow me too. Comments and Criticism are welcome.
NSE:INFYLong
by UnknownUnicorn24887800