Infosys Trading Setup View|30-7-2021As Describe In Chart
Trade Accordingly.
Support And Resistance
Lines Plot On Chart.
Once You Buy or Sell
Then Always Book Partial Profit.
Do Not Wait For Final Target.
Note: As We Seen Today After Opening Market Continue Sell Off In That Case Wait For Sometime To Take Entry In Either BUY Or SELL Side.
Thanx.
INFY
Weekly analysis of Nifty, Banknifty, top stocks with imp levelsWhere do you think the stock market is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Nifty, Banknifty, Top Stock Analysis & More with levels for tomoNifty50 and Banknifty saw a day with some profit booking. IT appeared to be lagging, but that's understandable after a strong run so far. Many top stocks look very well placed.
Where do you think the stock market is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529, 36,455
INFY Trade Setup For Week As of Now My View With IT SECTOR is BULLISH...
INFY Took Resistance 1588 and then we see Profit Booking which was expected after BOOM in ITSECTOR
No we Have Some levels for NEXT WEEK ...
If infy take SUPPORT from TRENDLINE which is near- 1552-1556 then we will take trade for target of 1588
and if it broke the TRENDLINE then take trade at 1540 and target will be 1588
if infy not sustain on 1540 then we will go for agrresive short levels are mentioned on chart
Follow For Ideas And Do Like...
Infy: Triple top formation observed in hourly chartInfy
CMP 1555
- The set up has a target of 1496-1508 levels on the down side below which there could be further extension fall towards 1453-1465
- on the upside I would be cautious if Infy trades above 1578
- note I do have my bias in Infy
so do your due diligence
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
Infy: Chart set up and trading strategy for July monthInfy
Observation
- After result announcement, Infy goes into consolidation mode for a 2-5 weeks
- it then has rallied 17-27% till the next result announcement (calculation done on a opening or closing basis)
- current rally is measured at roughly 21% so far and another 9 trading sessions to go
- if Infy is to follow the blue channel, then we have be at the top end of the channel
- however if Infy is to follow the red dotted channel, then there is a scope for a price movement up to 1671 odd levels
Given the set up, F&O strategy that one may consider
selling Infy 1660 Call option around 12
The strategy has a max profit potential of Rs 7200/- per lot
More importantly from risk management point of view, it covers risk of rise in Infy price up to 1672 levels till 29 July 2021.
Take care & safe trading
Like & Follow for more such ideas
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
Nifty, Banknifty analysis with top stocks and imp levels!Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529, 36,455
Infy: RESULT NEWS being factored in by Technical AnalysisInfy
- In Technical Analysis it is said, "Price factors in every thing."
Does it: Let us see with Infosys chart and result announcement news
What charts were saying before result announcement
Chart Observations
Channel trade - we see Infy moving in the red channel since July 2020
- the channel was broken in Feb 2021 and that was an indication of Infy possibly changing gears
- In April 2021, this cue was captured in our Infy result strategy, and it was suggested that Infy might pause at mid point of the red channel
see for yourself
Infy reacted exactly from those levels as Charts indicated
- come July 2, 2021, this is what was updated here at tradingview.
On July 2, it was said that Infy is near the top of blue channel.
- Infy Results were announced yesterday evening after market hours and again we see Technical levels being respected. The NEWS reaction has not breached the channel top so far.
- let me re-iterate, Technical Analysis is not about being right or wrong...
I use it
- to know my risk involved and reward potential
- plan my trade with this knowledge &
- be comfortable with the outcome
If you analyze the Infy trade strategy that was suggested on 2 July,
This strategy would be
- profitable by 12 points per lot if Infy falls down
- profitable by 12 points per lot if Infy stays sideways
- profitable by 4 points per lot if Infy rises up to 1668 on expiry day
- in loss if Infy goes above 1672
This strategy was adopted again based on Technical Analysis and chart observations
- on previous occasions, the best movement before the results were out was of 27.29%
- the current rally started after making a low of 1311
- so factoring a 27.29% rally from 1311 comes to 1668
Whereas the trading strategy covered the risk for a rise up to 1672 (still profitable by 4 points)
"Sau baat ki ek baat bol raha hoon aaj - I'm not here for your likes but If you understand this well, it can make a world of difference to you... So Mark these words
If you ensure you don't lose, you would be profitable"
Hope you find it helpful.
You can follow me but don't follow blindly
Learn to identify opportunities independently
Make good use of tradingview
Happy learning...!!!🙂
Regards
Vaibhav Deshpande
Indiamarketoutlook
#93 LETS GRAB THIS OPPORTUNITY#93 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
Nifty, Banknifty & Top Stocks Analysis for tomorrow 15/07/21Nifty50 and Banknifty saw a day with healthy moves for bulls. Banks and Reliance lagged a little.
Where do you think the stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Infosys - Ready to smashInfosys is ready to smash the IT sector as it seems so bullish and now retesting the trend line, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Terrific Thursday? Nifty, Banknifty, Top Stocks analysis + levelNifty50 and Banknifty yet another bearish biased day. Gap up open with gap-filling for the THIRD time! No relief rally either...
Where do you think the stock market is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
I also take a look at reliance, hdfcbank, infosys infy, hdfc, icicibank,kotakbank, sbin, axisbank
BEARS IN CONTROL? Nifty, Banknifty, top stock analysis w levels#Nifty50 and #Banknifty saw a day with some bearish bias. Their down-moves were 2x their up moves.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops)
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,