Infosys taken support !!Infosys took the support of Trendline and Support line.
Soon will going to see an upwards movement in INFY.
The target price will be near to 2nd Resistance = 1750.
Infyanalysis
Infy - ShortExpecting a reversal movement across all the IT stocks. There is even the possibility of a gap fill before the crash. But still, a crash is of higher probability in the coming weeks.
Infosys BreakoutInfosys forms the W pattern and also the trendline breakout. it will be a good buy at CMP or we can wait to fill the gap Targets are marked on the chart.
Infy can rise upto all time high !!Infy can rise sharply
Positive setup
expecting rise till 1900
if cross and close above 1625-1635
NIFTYIT index keep on radar
IT sector play and index ideas for 28 September I daily make educational content videos for financial markets
LONG: Infosys1) The stock is at a support zone from where it gave a new high
2) RSI is oversold with low of 19.43
3) The current hourly candle has also closed within the bollinger band.
Very high probability that the stock might cover the gap of 1520
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. 👍
INFY ON BUYSIDEHi.,
infy breakout on day chart after long consolitation..,
buy at current market price keep stop below 1525 day close basis target of 1660
the pattern is BOX or we can call at as triple bottom..
SL hunting also there ..,if hunting in stock it will move fast & furious
keep watch this for long side
thank u
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
Infosys analysisBO can happen because the volume is supporting the price movement.
Good RR we can catch here.
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.
Swing Trade (Infosys)After a Trendline Breakout and retest, Seems like it is ready for a up move.
Since market is not giving a clear direction, it is preferred to have a strict SL of 1430.
Target for this trade are 1515(RR 1:1.8).
Target and SL are small because Nifty is consolidating in a range from last 4 trading sessions also facing resistance at 200EMA(daily TF).
Pricol India An ascending triangle is a chart pattern used in technical analysis. ...
Increasing volume helps to confirm the breakout, as it shows rising interest as the price moves out of the pattern. ...
Volume tends to be stronger during trending periods than during consolidation periods.
BULLISH HARAMI PATTERN IN INFY.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 divergence as well, which indicates there is a slowdown in selling.
HCLTECH Bullish Engulfing , Flag BONSE:HCLTECH
#HCLTECH fundementally strong pick, shows good volumes delivered results in this bearishmarket,
All the details explained in chart.
Marked the levels for practice.
Today we have bagged 7k profit on this pick and results shared.
Happy LEarning !!
#infosys #infy At support NSE:INFY
As we can see Infosys stock at one of major support even RSI Divergence seen on daily time frame, we just need price action conformation for Swing long.
******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.
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
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
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)
