INFY
Never trust tractor company with IT services bizso this quick comparison gives enough reasons not to trust a tractor company with IT biz and services.
Comparing tops from 07 till date.
Infy 600+ % points
Tcs 900+ % points
TechM ~ 60%
Comments are most welcome.
BTST IN INFY ON CONDITIONAL BASIS JAN (FUT)BTST IN INFY ON CONDITIONAL BASIS
MUST CLOSE ABOVE 746.5 ON CLOSING BASIS
JAN FUT
BUY@747.5
STOP@737.5
TARGET@760
LOT:1200
QTY:1
HCL TECH; At the brink of a breakdownHCL TECH
CMP 639.90
The stock near an important level which has acted as support for some time now.
A break and close below 635 may lead to further fall up to 882 levels.
Alternatively one may consider the following strategy
Sell HCL TECH Jan expiry
660 CALL OPTION
around 22
Lot size 700
The strategy has a max profit potential of Rs 15400 if HCL closes anywhere below 660 on 31st Jan.
Inbuilt Loss protection for a rise on stock up to 682 on expiry day
take care & safe trading...!!!
Infosys [long] anticipating a push to 684Looks like good r/r for short term trade. On the higher time-frame it appears the price action could remain in consolidation. To me it appears that this trade would complete in the next 2 days.
TCS chart viewTCS
CMP 1907
Below 1950 the chart setup suggests weakness in stock price.
It may come down to 1800 and could possibly even drag down to 1600 in the coming weeks/ months.
A close above 1980 may invalidate the chart pattern.
Stay cautious and trade accordingly.
Infy viewInfosys
CMP 659
The zone of 665-675 is an important level for Infosys.
Weakness will be confirmed once it closes below 644
Alternatively one may consider the following strategy for Infy
Consider selling Infosys 680 Call option for Jan series
Lot size 1200
CMP 21
Max profit potential ₹25200 per lot
The strategy will have an in built loss protection cover for a rise in stock price up to 701
Take care and safe trading...!!!
Infosys - Elliot Wave PerspectiveInfosys looks bearish as it has completed the impulse waves, and looks to start the correction wave. Take confirmation at 613 level. If broken on weekly basis, can be taken as a positional short, or can be removed from portfolio for the next year and a half.
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We teach, and practice what we teach, kindly consult your advisor before taking any positions.
POSITIONAL TRADE IN INFY DEC FUTPOSITIONAL TRADE IN INFY
DEC FUT
BUY@666.5
STOP@661.5
TARGET@686.6
LOT:1200
QTY:1
RRR=1:4
CONDITIONAL LONG TRADE IN INFY DEC FUTCONDITIONAL LONG TRADE IN INFY
WAIT FOR A CLOSE ABOVE 689
DEC FUT TRADE
BUY@690(ABOVE)
STOP@675
TARGET@720
LOT:1200
QTY:1
INFY - Narrowing Pattern BreakdownInfosys has broken down out of a narrowing range.
Sell at 645 Stoploss 654 Target 637 633
