Shooting Star On Monthly Time Frame. Best Selling Zone 1330-1340, Strict SL - 1400 (Monthly Closing Basis) If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 1st Or 2nd Week Of This Month Than Maintain SL On Weekly Closing Basis. If Infosys Breaks & Close Above 1400 Level On Weekly Time Frame In 3rd Week Of This Month Than Maintain SL On Monthly...
Infy is a "Short" in the smaller i.e. Hourly/15m timeframes and undoubtedly a "Long" in higher TFs. It seems to have completed (or about to complete) an Impulse 5 move up which is a part of wave 1 of one larger degree which is in-turn a part of wave 3 of the largest degree, if you understand what this means. (Since strangely Trading View doesn't allow you to...
Descending Triangle Formation has seen in Infosys : Setup looks Bearish, wait for Triangle to broke.
Infy Break A Good Trendline With Bulish Patterns
Infysos Trade For 15-02-2021 Trendline And S/R Breakout On 15 Min Chart For educational Purposes Use Only Im Not SEBI Registerd
keep eyes / stop below support 1254-59 and look for expected upmove given in chart above reference chart below
Entry : 1296.50 Stop Loss : 1289.50 Target : 1304 / 1310 The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one. Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives...
Infy - Currently in Up trending channel forming a good support near 1230-40 area small hurdle at 1260-70 volume shows signs of strengths
NSE:INFY sort on card till those levels one can long , at PRZ one can short as per their trading strategy.
I hope you can now see how Infy represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
INFY can be short and buy. This analysis is for my own study purpose. your feedback is always welcome.
This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
I hope you can now see how Infy represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Disclaimer: It should not be assumed that the...
Price trading near all time high and after taking support from the trend line price rejected from the same levels in the last week and this week beginning itself it was broken and the price almost breaks the high. Price is looking super bullish and expecting to set new all time high record for the week.