infyNSE:INFY
sort on card till those levels one can long , at PRZ one can short as per their trading strategy.
INFY
INFOSYS: EXPANDED FLAT CORRECTION (Bearish sequence)Sell with the SL of 1210 for the target of 1115/1080/1050
#INFY-BULLISH PENNANTINFOSYS IS FORMING A BULLISH PENNANT.WE CAN EXPECT A BREAKOUT FROM THE RANGE OF 1165-1168.RED NORMAL LINES ARE LONG TERM S&R AND DOTTED RED LINES ARE SHORT TERM S&R.GREEN LINE IS THE TARGET
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADE;
WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM BECAUSE THERE IS ALONG TERM RESISTANCE AT 1171
SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
FOLLOW NIFTY & SECTORS FOR DOUBLE CONFIRMATION
ENTER ONLY ON PROPER POINTS.AVOID TRADE IF YOU ARE NOT ABLE TO ENTER ON THE CORRECT POINT
DONT TRADE AGAINST TREND AND INDICES
FOLLOW FOR MORE TRADE IDEAS AND INFORMATION
#INFY Daily chart - Buildup at breakout level.#INFY Daily chart - Consolidating near all time high levels, Buildup at breakout level.
INFY looks good after consolidating from past two monthsINFY looks good after consolidating from past two months and the suppliers are exhausting, thus creating ascending triangle.
INFY TRIANGLE 1HRINFY is rangebound and forming a traingle pattern in 1hr timeframe. Breakout on either side will result in good momentum. It has been a choppy market for INFY and there are high chances of a breakout on bullish side. You can enter the trade in 15min timeframe as soon as the price crosses high of breakout candle with SL on previous swing low. It can be a postional trade and you can trail your SL alongwith price movement to get maximum profit out of the trade instead of planning a potential target.
Infy in Triangle pattern formed.. (Not for Intraday)Infy is Ascending triangle pattern..
Buy and sell position given
TATAPOWER KEY LEVEL SUPPORT AND RESISTANCE INVESTMENTTATA POWER READY FOR TARGETS OF 77-90 GET READY AND START INVESTING
Already given to Tradingview chat members request at 64
INFOSYS about to go long!!Infosys is forming a Flag & Pole pattern on 1 hour chart.
Not yet given a breakout, but if it breaks, the mentioned levels can be followed:
BUY @ 1150
SL - 1130
TGT 1 - 1160
TGT 2 - 1180
INFOSYS(Swing / Positional Trade) | RR 1:3+ | Type:- Breakout
Reasons To Trade 🤔 :- NIFTY IT(Main Index) + Stock's Triangle Pattern Breakout , Bullish Sector , Uptrend Stock , Above 200DMA.
Entry :- 1145 (Look For Clear Entry)
Stop Loss :- 1105
Targets :- 1stT. = 1185 , 2ndT. = 1225 , 3rdT. = 1265
(Risk Must Be Managed.)
Keep Your Eyes On Index
😜Follow For More ✔
Give Me A Thumbs Up...👍
--Any Suggestions--
Infy : looking good for long above 1145A good move was seen in all IT packs in last session.
Infy is about to give symmetric triangle Breakout.
Good buy above 1145 for the first target of recent swing high 1186
Wsl 1100
Keep trailing your SL if stock comes in your direction
Note : This idea is only for educational purpose
Seems to to strong if 10 min candle closes above 1050Seems to give Breakout of triple top if sustain above 1144 for more than 10 min candle ,
And will move towards all time high
Infosys BullishInverse H&S patter formed in daily chart of INFY and trend reversal seems to have started considering the hammer with small upper wick on 20th Nov 2020. Al though I would have been certain about the trend reversal if the hammer was a green candle, yet it is nor harm keeping a eye on INFY. Breakout above trend line with good volume can continue the uptrend. 0.5 Fibonacci retracement value coincides with the head of pattern and the stock has taken support from there and risen
Please share your views also
