INFYINFY Break Ascending triangle pattern and hold this level so if break level of 751 then you can add in you Buy Watchlist.
INFY
INFY - Wedge pattern breakout and pullback doneNote: This is for educational purpose only.
After wedge pattern breakout in nifty, seems pullback is done. Hammer candle stick pattern on resistance turned support formed. If price closes above high of the hammer, there might be a confirmation of uptrend.
INFY modernize plan explication:On my last advise of "INFY" impeccably followed the channel support, and progress up.
On INFY there is a perfect channel is formed. The stock is revolving between the channel.
Price is currently near the control line. It is expected to move from the current level to 752 price point, that is till B point.
Below 723 price can be bearish.
Investors outlook on channel for trading:The separation between the two trend-lines needs to be wide enough if you want to trade inside the Price Channel Pattern.
If this is the case, you can buy at the channel support level and sell at the channel resistance level.
This is a more powerful and fair way to gauge what the price is doing.
This is because you’re looking to determine upwards and downwards price limits that contain the price.
Infy if strong volumeGood volume?
if the answer is "Yess" buy above 752 till 758-760
if the answer is "No" can short below 745 till 437
POSITIONAL TRADE IN INFY INFY SHOWING ONE OF THE RAREST PATTERN CALLED THE "ABANDONED BABY"
BROKEN OUT OF AN INSIDE BAR ON WEEKLY CHART
POSITIONAL TRADE IN INFY
BUY@750
STOP@725
TARGET-1@780
TARGET-2@795
INFOSYS Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1755.30
FIRST TARGET~1769.15
INTERIM RESISTANCE~1783.50
FINAL RESISTANCE~1801.40
*****************************
LOWER BREAKOUT~1736.85
FIRST TARGET~1726.10
INTERIM SUPPORT~1713.55
FINAL SUPPORT~1688.45
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 29/06/2020 MONDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10435
FIRST TARGET~10481
INTERIM RESISTANCE~10531
FINAL RESISTANCE~10593
***************************
LOWER BREAKOUT~10336
FIRST TARGET~10295
INTERIM SUPPORT~10252
FINAL SUPPORT~10200
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Infosys - Wedge pattern breakoutNote: This is for educational purpose only.
There seems to be a bullish wedge pattern breakout with spike in volume. RSI above 60 is additional point to support this breakout.
INFY - Wedge pattern breakoutNote: This is for educational purpose only.
There seems to be a wedge pattern breakout with formation of bullish engulfing candlestick pattern. Moreover, there is a spike in volume and RSI is above 50 which indicates bullish momentum.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for RELIANCE : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1760.35
FIRST TARGET~1771.15
INTERIM RESISTANCE~1782
FINAL RESISTANCE~1793.50
********************************
LOWER BREAKOUT~1739.95
FIRST TARGET~1726.55
INTERIM SUPPORT~1711.25
FINAL SUPPORT~1688.95
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 23/06/2020 TUESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~10366
FIRST TARGET~10413
INTERIM RESISTANCE~10456
FINAL RESISTANCE~10502
*****************************
LOWER BREAKOUT~10287
FIRST TARGET~10246
INTERIM SUPPORT~10195
FINAL SUPPORT~10137
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
ESCORTS KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 THURSDAYKey Levels for ESCORTS : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1003.15
FIRST TARGET~1008.15
INTERIM RESISTANCE~10013.95
FINAL RESISTANCE~1019.75
******************************
LOWER BREAKOUT~989
FIRST TARGET~983.20
INTERIM SUPPORT~976.15
FINAL SUPPORT~969.90
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
INFY 75 MIN , Analysis Volume BUST Out .
Price Taking Support On Trend Line .
Closing Above 696 Can Be A Sign to enter on a swing .
Hammer Pattern Followed By a doji showing indecisiveness of buyers and sellers .
Closing Above 696 Will show buyers take over the charge On Sellers . And it Validate the volume bust .
one can look for opportunities to go long above 696 with a sl of 679 .
Happy Trading .
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 18/06/2020 EXPIRYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9939
FIRST TARGET~9976
INTERIM RESISTANCE~10018
FINAL RESISTANCE~10062
***************************
LOWER BREAKOUT~9833
FIRST TARGET~9790
INTERIM SUPPORT~9740
FINAL SUPPORT~9687
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 17/06/2020 WEDNESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1623.55
FIRST TARGET~1633.60
INTERIM RESISTANCE~1646.70
FINAL RESISTANCE~1664.20
LOWER BREAKOUT~1608.25
FIRST TARGET~1596
INTERIM SUPPORT~1585.95
FINAL SUPPORT~1574.60
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 17/06/2020 WEDNESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9941
FIRST TARGET~9982
INTERIM RESISTANCE~10020
FINAL RESISTANCE~10064
**************************
LOWER BREAKOUT~9872
FIRST TARGET~9837
INTERIM SUPPORT~9796
FINAL SUPPORT~9759
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
NIFTY50 KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for NIFTY50 : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~9845
FIRST TARGET~9880
INTERIM RESISTANCE~9921
FINAL RESISTANCE~9960
**************************
LOWER BREAKOUT~9787
FIRST TARGET~9758
INTERIM SUPPORT~9728
FINAL SUPPORT~9691
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
RELIANCE KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for RELIANCE INDUSTRIES : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~1616.20
FIRST TARGET~1623
INTERIM RESISTANCE~1631.70
FINAL RESISTANCE~1639.70
LOWER BREAKOUT~1604.85
FIRST TARGET~1596.50
INTERIM SUPPORT~1587.80
FINAL SUPPORT~1579
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Buy Infy at CMP 718 - 719, T: 739, SL: 702.20Buy Infosys at CMP: 718 - 719, T: 739, SL: 702.20
Infosys has formed bullish FLAG pattern in 30 min chart. Breakout above the flag pattern will give a target of 739 levels.
Positional target is 745 & 774 levels as per daily charts with a strict SL of 702.20
INFY is crossing it's Supply Zone Hello,
Infy is crossing its supply zone and trading @ 724...If it will manage to sustain above 715 then it may test it's next supply zones.
Please find the Demand and Supply Zones for the target and stop loss.
Thank u Trade Well
