INFY
Infy: Chart view & strategyInfy
Observation
675 minor resistance
691 - 696 - Critical resistance zone..
Consider selling if you see price rejection around resistance levels.
Targets mentioned in the chart. Momentum on the downside might be seen if Infy closes below the 1st target of 637
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Alternatively consider selling Infy 28-May expiry 700 Call option
Lot size 1200
Price around 20-25
In built loss protection for a rise in Infy price up to 720-725 in cash market on 28 May 2020.
Max profit potential Rs 24000 - Rs 30000/- per lot
Take care & safe trading...!!!
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HCLTECH KEY LEVELS SUPPORT AND RESISTANCE 13/04/2020Key Levels for HCL TECH :
Upper Breakout~471.75
First Target~475.35
Interim Resistance~478.30
Final Resistance~481.20
**Lower Levels**
Lower Breakout~466.10
First Target~463.60
Interim Support~460.35
Final Support~457.15
Please trade with caution and consult your financial adviser before trading.
INFOSYS KEY LEVELS SUPPORT AND RESISTANCE 15/04/2020Key Levels for INFOSYS :
Upper Breakout~640.10
First Target~645.85
Interim Resistance~651.20
Final Resistance~656.05
**Lower Levels**
Lower Breakout~632.60
First Target~628.60
Interim Support~624.35
Final Support~617.70
Please trade with caution and consult your financial adviser before trading.
INFOSYS KEY LEVELS SUPPORT AND RESISTANCE 09/04/2020Key Levels for INFOSYS are :
Upper Breakout~635.80
First Target~641.55
Interim Resistance~647.85
Final Resistance~653.25
**Lower Levels**
Lower Breakout~627.05
First Target~621.95
Interim Support~617.40
Final Support~611.80
Please trade with caution and consult your financial adviser before trading.
INFOSYS KEY LEVELS SUPPORT AND RESISTANCE 07/04/2020Key Levels for INFOSYS are :
Upper Breakout~591.85
First Target~598.15
Interim Resistance~604.95
Final Resistance~612.25
**Lower Levels**
Lower Breakout~580.65
First Target~575.30
Interim Support~570
Final Support~564.65
Please trade with caution and consult your financial adviser before trading.
NIFTY TO FORM BASE TO PUSH HIGHER VIEW FOR WEEK ENDING 30 MAR 20NIFTY Trade plan 2 Long ONLY AFTER 1015 hrs- 1315hrs
Possibly End of Wave c/(2) or (B)
Trade Plan
Support is around – 8528-8342-8212
Going Long from support would be a good idea
We can expect a Higher levels as mentioned on chart as Targets. Follow through of the said view can easily take #Nifty to 9859-10100 levels
Those who want to go long should have patience to let the price come to support and form a base for upward journey of #Nifty towards 9859-10278 in coming days.
Expected Time for Upward reversal- 1015 hrs- 1315hrs
Be Proactive Trader, rather Reactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
FOLLOW UP TRADE