Infy bearish Butterfly @in_tradingviewInfy bearish Butterfly
Short near 796 800
SL 810
T 785 770 750
ShortINFY
Short
Infy | Breaks out of ConsolidationInfosys has broken out of a long consolidation range and further we could look at a trendline resistance cracked. Daily candles have been solid for past couple of days. Noticeably, breakout candle had massive volume. These factors advocate strong bullish bias. Potential magnitude of upward movement can be derived from the depth of the consolidation which suggests a 72 pts move towards north i.e. to 844.
Though the stock will most likely hit 840 region, it will not be without minor corrections. Even round number 800 could be a point of such a pull back. Hence longs are advised to have trailing stop loss. If trailing stops are hit, further longs can be initiated if the previous highs are broken in lower time frames, say Hourly or 4 Hour chart.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Long
infy at bottom of channel @in_tradingviewNSE:INFY
risky trater buy between 710 705
SL 690
T 720 735 760
Short below 695
SL 710
T 680 665
Education
Long
Infy looking for correction!On a 4h chart infy following a descending pattern. With overbought RSI correction seems likely.
Please share feedback generously. Thanks for viewing.
Education
Long
INFOSYS | Double Top patternDouble Top pattern spotted in Infy. Pattern is confirmed as price has fallen below the neck level. Thus the stock can be expected to fall to 720.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
Long
Long
Short
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INFY, price overlapping seen in it.Our last research was INFY achieved the target, click here .
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Closely analyzed about price overlap . Buying really good as per last overlapped and close with higher of closed from a prior high of the candle. Its indicate that you may see a spike on it which mean big move in price.
I don't recommend to buy below 728 .
If you are buying this stock, then exit at your suitable price for profit .
Term of Overlapping: Buyers are fearing to take a long position, that why we see price overlapping with low volume. any side breakout in the price possible big because fear will go.
plotted breakdown method on INFY with control price gravitating.Control Price always gravitate value such as 1,2,3,4,5 and 6. We have seen two tails on the right side of the chart at the Value Low area. Gravitation has two to attract the price are plotted in the move(i) and move(ii).
The best value to buy this stock at 710(outside of value low) and 716 for targets 735 and 741.
Long
Infy channel breakdown trade potentialINFY
CMP 733
The stock has broken down from the channel trade after it announced it's quarterly result.
The stock is looking weak and may come down to 680-668 zone
Consider selling in the zone of 733-742 &
Keep SL if closing above 745
Take care & safe trading...!!!
Short
Long
Bullish Pole Flag Pattern in InfosysI observed pole flag apttern in infosys at hrly chart. Inside that, there is a small diamond pattern as well.
This can give a good move. For this expirt target will be 760 and overall target is 770
Stop loss will be 740 on hrly close basis.
NSE:INFY
Long