infy intraday for todayv shape formed , stoploss very less
taget upside 20 point or not
intraday get or not ?
INFY
Double bottom patternThis isn't buying recommendation... I'm just validating / sharing my analysis with community of traders.
Although, I have bearish view on Infy because of recent news and thoughts of CEO about the employees. ;)
Well, Targets are %age of removal of total investment. 25% removal at every target. And shifting S/L to recent target. 👍
Infosys - Possible Wyckoff accumulation scenarioKey highlights:
⚡️ Consolidating in the weekly demand zone for the last 4 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 17 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 1730 zone. If the price manages to push above the range high, expect 1700 and higher in the coming weeks.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Are You still Bearish in IT stocks ???IT index and IT stocks was pulling nifty down & we are observing the downtrend since Jan 22 but looking like we are approaching to an end to it. A series of up move is expected in this Index.
On an Hourly TF index is bullish above 28k,
On a 4 Hr TF index is bullish above 28.5k
On a daily TF index is bullish above 29k
On a Daily TF index is bullish above 30.5k
once the index will hit 30.5k then it will complete a cup pattern + an Inverted HnS pattern on Weekly chart. so Stay tuned to it,
Note - These levels are drawn on Fib level & support/Resistance, setup may take time of 3- 6 months. Its not a trade recommendation.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsBulls struggled to hold the indices today, but do you feel this may be the start to a broader pullback? I don't feel that way, not yet at least.
Banknifty set for 40k? Nifty, Banknifty daily analysisDo you feel the markets are likely to continue to remain in the control of bulls?
INFY at a huge Risk to Reward opportunity !!Monthly TimeFrame : OverSold zone
Weekly TimeFrame : Accumulation
Daily TimeFrame : At a Orderblock
It Index 5th waveLooks like IT index 4th wave may have just ended.
Now big 5th wave can come..
Keep stop loss 30400
Target can be 24000 to 22500..
Risk reward is super.
cmp 29900
Infosys Ltd - ShortInfosys CMP is at Resistance level. Bearish reversal pattern (Hanging man pattern) can be seen and the RSI indicator also indicates the overbought zone. We can expect an trend reversal from here.
*Educational purpose only!
Infy- InfosysInfy- It formed clear Tripple Bottom and also Ascending Triangle Which shows its ready for the up move as market as Target
Disc- Only for Learning Purpose and not a trading Recommendation.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets saw a rather wonky expiry today. What are your thoughts? Do you feel the bullish bias continues ahead of RBI rate announcement?
INFYNSE:INFY
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Nifty, Banknifty and top stocks analysis for tomorrow + levelsAre we likely to see an expiry above 17,400? What's your view?
InfyInfy CMP 1556
though Infy is rising ...
but the structure is as such ...
if Infy trades below 1544 ,
with trend and candle turning Red...
Recent high as sl...
Possible tgt would be black line...
Just a View!!
Vedang :)
Nifty, Banknifty and top stocks analysis for tomorrow + levelsAutos and Reliance lift the market with Kotak Bank showing the markets its strength. Do you feel the indices could be running out of fuel?
INFY a good time to BUY / GO LONGInfosys has given a range breakout of Head and Shoulder Pattern , and we have got a closing also outside the range, so this is a good price and time to enter LONG.
Risk Reward should be at least 1:1
infosys a short period bull viewbull for the next few days if nifty performs well.
enter after range breakout
Nifty, Banknifty and top stocks analysis for tomorrow + levelsReliance and Infosys dragged the market today while Bajaj Finserv showed a stellar move on account of its earnings. So far, it seems the bearish bias looms over the market. What's your view?
INFY Looks Bullish Fresh Breakout SeenINFOSYS looks bullish, Fresh Trendline breakout is seen yesterday (20th July 2022) and Today Retested the previous Resistance which acted as support and now ready to head towards higher levels. I am Looking to Go Long on INFY Future around Current Price 1518- 1520 With Stoploss 1495 And Expecting Targets of 1550/ 1580 in the next 1-3 Trading sessions.
Infy - Looks extremely positive As seen on the charts, Harmonic pattern and MA's indicate an correction to 1650 levels.
This is my view and for education purposes only.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsHDFC twins and banks helped the indices close at two-month highs, while IT stocks faced some headwinds. What are your views?
Daily Analysis: Nifty and Banknifty expire above key levels!Nifty and Banknifty expired above 16,600 and 36,000 respectively. This is an important thing from a sentiment POV. Do you think this positivity will last?
