TCS Reached Major support level !!NSE:TCS
#TCS BO level shared in Aug 21 and it booked 20% profits. Now stock reached the same level 5th Time.
Seems to be weak below 3370.
Marked levels for practice.
Happy LEarning !!
INFY
techm nse indiaIT stocks are trading in nearby 200dma
using benifits with swing and daytraders,
check it all it stocks.
Infosys - Possible Reversal Coming ? Below are my Observation
1. Harmonic Pattern - 161% correction
2. Good Volume Delivery for 20 day average
Target & SL is as shown on the chart
INFYInfy on a daily timeframe showing reversal. It has seen taking support from the ascending trend line.
If it sustains above 1600, we can see more short covering and uptrend in price. The idea will become invalid if sustains below 1550 levels.
Please note I’m not a sebi registered analyst.
Please analyse your self before investing.
INFY - On The EdgeTesting final support of 1550 again & again
Currently in downtrend & triangle pattern
Seems like bear are weakening
But strength is only above 1590
Below 1550 stock has huge downside potential
Above 1590 can test 1850 again
INFOSYS Expecting some bull baCK rally in #INFOSYS till 1620 to 1640 levels ( #Sell_on_RISE). Fresh buy for Long term can deploy first 30% now.
Though i'm in bearish trend but expecting some pull back in NIFTY which move towards minimum 17130 to max 17473 to 17653 levels, then huge fall ( #SELL_ON_RISE market).
Thank you for Following.
INFY long scalpFierce fall, giant company. Expecting it to bounce to fill all the 'inefficiency'
Tight stop of 2.3% with 5RR+ reward
GL/
Things are not looking good for INFY!#INFY has broken down TL support on Monthly Time Frame. Confirmation by Month End.
Next major support: 1540-1545
Best buy zone: 1320-1415 (if BD is confirmed)
Infosys Analysis !! Breaking Out.📈 Infosys 📉
In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector.
Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021.
On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Infy: On the verge of a BreakoutInfy
- the stock has seen a lot of consolidation around 1850
- 1800 zone is an important support level
- above 1954 doors would open up for further upside
Till the time the stock is able to hold on to 1800 odd levels the stock has a very good probability to scale new highs and eventually move towards 2200-2400 zone
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F&O Strategy
One may consider to sell 28 April expiry
1840 Put option currently around 31
The strategy has a yield potential of 10.5% on Margin.
On the downside the strategy gives protection for a fall up to 1809 odd levels on expiry day.
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Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
INFOSYS - Triangle pattern breakout - Swing TradeThe analysis is done on hourly TF hence price may take hours to few days in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Infy Swing Trade Opportunity NSE:INFY
this might be good break out swing trade, trade as per your trade setup.
everything mentioned on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Infy Long Buy infy1 continuous contract above 1750. sl 1676 and sl 1800. 1 hr 20 ema going to cross 1hr 50 sma. i added another oscillator called mexshark which is giving very good result. trade on your own risk. good luck all.
NSE:INFY Target reached an New targets marked.NSE:INFY
#NSE:INFY level shared with target and achieved with 2.5% up move, further targets updated.
Happy LEarning.
NSE:INFY trading @ resistance !!NSE:INFY
#NSE:INFY trading @ resistance, Potential levels marked on chart for LEarning.
Do ping me in case of clarifications.
Details under this chart available.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsSeveral key stocks, including HDFC twins, are near or below their pre-COVID highs. In fact, Banknifty has approached the level, too. Could this be a tuning point for the market? What's your view?
INFY- Ready For A Breakdown#INFY
Sell-Below 1650
Sl-1700
T-1510
#INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in weekly TF below 1650, target will be till 1500.Then we have to see price action weather it will take a U turn from there or it will continue.
Idea is invalid above 1800. So plan your trades accordingly.
Simple Trade Setup | INFOSYS | 07-03-2022 [INTRADAY]NSE:INFY
Trade Setup for 07-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
INFY LONG SETUPINFY can given good upside breakout above 1590 - 1596 levels.
can move towards upper FIBO LEVELS in coming days.
Resistance / targets - 1705.25, 1761.35, 1941.20
View Negates below - 1532.55 levels
For #INFY Investors!#INFY on Weekly Time Frame. 1525 WCB can be SL for Short Term Investors. If that's saved, we can again see 2200+ levels in coming weeks. All depends on how IT performs in coming days!
