INFY
INFOSYS LTDINFOSYS LTD is on the verge of Breakout.
Setup- Cup&Handle Pattern
Keep on Radar.
Getting Ready for Breakout
Entry After Breakout and Again enter at retest Set Up Prepare
Stop Loss for Short Term 1340
Stop Loss for Mid Term 1300
Stop Loss for Long Term 1230
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
@CapitalGain360
Infosys - Cup and Handle PatternNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a cup & handle formation with RSI just crossing 60. Nifty IT is outperforming Nifty Index today as well. Price above 1400₹ should see more upside.
SL: 1315₹
Stock looks weak below 1325NSE:INFY
The stock looks weak below 1325 might head lower towards 1300/1275/1230 levels in the coming days.
--Sell below = 1325
--Target = 1300 | 1275 | 1230
--Stop-loss = 1360
--Expected Profit = ( 7 % )
--Expected Holding = 10-15 days only
All ideas shared are for educational purposes.
📊 #infosys #infy #niftyit #nifty #nifty50 #banknifty 🎯NSE:INFY
if stocks go below current candle one can short as per their intraday trade setup and one can go for swing short after such conformation.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Infy LongI hope you can now see how Infy represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
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