NSE:INFY All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 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...
NSE:INFY Observations: 1) On daily time, we can see that after 3 days of profit booking, it took support from 50DMA and managed to close above it. Also, if you remeber earlier, level of 1700 is major critical support. As far as it is giving closing above it, it has chance to start bullish run again. Major immediate resistance is at 1760 level. Please...
Infosys has closed below 200 EMA of 15 min time frame, the purple line is moderate demand zone , you can go short for a intraday trade if it breaks the zone. Check IT sector in the morning to add a little more confirmation to your trade. It will go down after breaking the zone , as it tries to fill the gap from 1720 to 1740. Place a proper stop-loss .
Intraday trader trap in this chart pattern they start selling when chart go below. this is trap by all intraday trader. so follow chart and apply your mind all given here.
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,...
infy forming ABCD pattern of harmonics in last swing will watch prz zone level for watch for any reaction near them. always trade with money and risk management :)
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...
Infosys has completed an expanded flat correction. The current price action suggests that stock is rising up in an impulse manner having the first wave as leading diagonal. One should go long on current levels with the SL of 1655 for the target of 1780/1820
Lokk for these important levels in BPCL. Soon will reach level 500 in short term.
Infy trendline breakout after a month's time downtrend. 1:3 R:R set up
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...
INFY : Trading in rectangle pattern and taken good support in the daily time frame. in 15 min TF, also taking support from the trendline. We may see once break resistance as per the chart. This is for educational purposes only and my personal view. Please check from your end before entering in to trade. Please Like and comment for more & regular studies for...
Infy - 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...
INFOSYS now in trendline...so trade carefully if its break downside then bearish hormonic pattern will activate
Infosys consolidating in channel pattern since last 46 days. wait for breakout.
It's near to its resisstance, itvwould be very interesting to watch today
Short 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...
Buy INFY at CMP Expecting a good upmove Trade Setup WIT Execution at 125min Target Mentioned on chart