Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
VIX falls below 18 as Nifty closes the week above 16,000 despite Banknifty underperforming. SGX is above 16,200. What are your views?
Bears managed to drag the indices to expire below key psych levels. Banks and IT both seemed weak. What's your view?
Nifty closed under 16k, Banknifty under 35k, as Reliance and HDFC Bank dragged the markets. What's your view for tomorrow's expiry?
IT stocks dragged Nifty below 16,100 today, a considerable fall. I feel all eyes are on the expiry now as we approach key psychological levels for both, Nifty and Banknifty.
Nifty closed above 16,200 thanks to RIL while Banknifty outperformed. What are your views?
#Infy Long (30 June) RSI- 40 RSI divergence Buy at CMP - 1468 SL- 1440 Target- 1515, 1554, 1583 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Nifty ended the day near 16k despite pressure from Reliance. Private banks did very well, but PSU banks were positive as well. Have the bulls regained control? What are your views?
Infy running into Resistance between 1495-1470 Levels. Bears can be dominant below these levels in pushing prices lower.
Infy buy Positional in cash or fut Target 1780- 1800- 1845- 1900- 1925-2050+ Sl below 1665 Option players can buy 1760 CE trading @ 19.55 rs Target 35- 50-70-85-90+
If INFY crosses below 1518 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards. The supertrend is also showing bearish signals. As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
1) consolidation Pattern 2) Gap , if breaks upside we can witness a short covering 3) Today market sentiments are good (supportive market) 4) overall sector looks bullish at least in intraday. note: very short term view
📈 Infosys 📉 My Findings :- 1. Breakdown of Strong Support Zone of 1660-1680 with GAP. 2. Lower High and Lower Low Formation. 3. Close Below Seven Months Low. 4. But IT Index at Support. To get more confirmation can be waited till IT Index Breaks down. Check IT Index Chart below for reference. Bias- Short Target- 1541, 1441 and 1313 SL- 1760 RR- 1: 2 IT Index...
Earlier support line is acting as a Resistance line. Enter only when Resistance is broken for target 158, though momentum shows uptrend, Short term trade to be done on caution.
As one can see, there is a bullish harami pattern in nifty which means one can go long in INFY keeping the stoploss below mother red candle low or 1400 as per your risk appetite, with a target of 1540 which is almost 1:2 RR. Be quick and agile in booking your profits as this is still in a downtrend and the global scenario is still the same. There is positive RSI...
Short opportunity infy in Daily time frame.. Its breaks the range
Ending daigonal supported hidden bullish divergence, watch out for reversal till 1630/1660
# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.