INFYinfy currently forming channel structure and also announced 4th quarter result so take your position carefully.
INFY
INFY ON HOURLY CHARTINFY on hourly chart is sustain above 200 EMA indicating that stock is still in uptrend. Also observing closely we saw that 200 EMA and Fibonacci 61.8% acted as a very strong support for the stocks. Now talking about oscillator, MACD is giving a really good Divergence between price and momentum. Macd divergence with reversal from levels with good volume is indicating that we can look for long setup. Intraday targets are given on chart. Trade at your own risk. Play safe. Strongly maintain your stoploss .
INFY RETEST AND BREAKOUTINFY has already given a breakout on daily TF. According to 15min TF it has given breakout of the trendline. can buy this stock for intraday tomorrow for target of 1425, and if it sustains above 1425, can take it into swing position also.
Infosys - Cup and Handle indicates strengthThe Infosys chart shows a very clearly visible Cup and Handle pattern - indicating continuing strength. Look for new highs towards the indicated target region
Infy BreakoutINFY gave break out from a bullish cup & handle pattern. Breakout with good volume. Can give good returns of 8-10% in short term, If dollar & CNXIT stays strong.
Support: 1385-1390 & 1320-1330 levels.
INFY LONGInfosys gave breakout from an bullish cup & handle pattern with good volume, strong dollar will back it up!!
Infosys_10% upside for a target of 1550Date: 05 April 2021
Infosys has formed a bookish cup and handle pattern. It can give 10% upside.
INFY1405.90 has STRONG RESISTANCE, BUY ONLY IF BREAKS THIS LEVEL, and 1405.90 will become SUPPORT and STOP LOSS.
OR else Go for SHORT if Breaks SUPPORT (Blue line) STOP LOSS 1405.90.
NOTE: These targets are for only POSITIONAL traders/LONG Term Investors not for Intraday traders.
INFY | Breakout | Swing TradeTech giant INFY is about to break out and could trade at an all-time high price.
1D TF suggests consolidation inside the big green mother candle.
Breakout:
Major supply/resistance zone
High of the mother candle
Psychological level (1400)
Keep it on your watchlist!
INFY : Possible breakout in daily & weekly chartsFor educational purpose only!
A breakout is possible as per daily & weekly charts.. wait for 1400 levels for confirmation.. follow strict stop-loss as per risk appetite..
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₹
Investing OppurtunityInfosys has just taken a support from its long on going trend line. Expected to reach 1400 by March end.
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.
INFOSYSExpect good profit booking in this counter in coming days. If some 1 is holding position then he/she must exit it.
Infosys - Wednesday Trade | 24th MarStock is trading in a channel - move on either side of channel (5 min candle close) can give decent movement in intraday.
Is Infy going to test 1250 odd levels?The stock seems to form the double top pattern and it may test 1250 levels soon. If it breaks it we would see a further bounce.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Beginner's analysis. Hey Traders,
Infy made butterfly bearish Harmonic pattern.
We an expect correction here.
Have an eye.
Keep supporting and guide me if there's any mistake or improvement needs to be done.
Infosys - Tuesday TradeInfy tried to test All time high on Friday after making double bottom in daily time frame. Rounding bottom formation in progress as well, keep on radar for coming sessions. Safe to buy only above 1393
📊 #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.
