INFY
infy daily frame short sell short term trading idea STOCK now after good upmove
dual top
below 20 dma
a short on bounce with 1347
short area 1318 to 1330
target area 1252//1247//1230///1190
Wipro: Chart set up and trading viewWipro
CMP 449
The chart is self explanatory
Given the set up one may consider
Selling Wirpo 480 Call option around 6-9 (CMP 6.55)
Lot size 3200
Max profit potential in strategy Rs 20960/- per lot (as per CMP)
The strategy provides Inbuilt loss protection for a rise up to 486.55 till expiry ( as per CMP)
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 coming week viewStock had a profit Booking But still in uptrend
and came back to a good level ware i have explained,
still stock have more to go upside is my view but only from
support level trend line its may give you chance to re enter
last day , Look for Buy only never Short
this Stock for good period of time
Use intraday 5 minuet magic method to enter
Infosys: Chart set up and result playInfosys
Closing Price 1376
We observe
- Infy trading in an uptrend channel
- trades near the upper end of the channel around result date and then drops towards the lower end of the channel in the next few weeks
Given the set up:-
one may consider to
- sell Infy 1440 Call option in zone of 25-33 (Closing Price 26.15)
- Buy Infy 1480 Call option in zone of 15-18 (Closing Price 16.3)
Lot size 600
The strategy has a 12% ROI potential and has an inbuilt loss protection for a rise up to 1450 till expiry day
In medium term the stock has the potential to move towards 1620 odd levels
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
Bullish Pennant Pattern in INFY for 1332+ TargetAfter strong bullish move in Infosys, it's consolidated and formed pennant pattern. In the last trading session, we have seen a breakout of this pattern. It will continue its bullish rally towards the 1332+ target
INFY LONGAbove 1259
Weak below 1220
Target 1282-1291-1308
Good volumes from past few days
up trending stock
above all important moving average
Infosys ltd short on the wayNSE:INFY
if u find reversal befor that blue line one can book their long and can short as well.
infyNSE:INFY
sort on card till those levels one can long , at PRZ one can short as per their trading strategy.
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.
