The separation between the two trend-lines needs to be wide enough if you want to trade inside the Price Channel Pattern. If this is the case, you can buy at the channel support level and sell at the channel resistance level. This is a more powerful and fair way to gauge what the price is doing. This is because you’re looking to determine upwards and downwards...
INFY SHOWING ONE OF THE RAREST PATTERN CALLED THE "ABANDONED BABY" BROKEN OUT OF AN INSIDE BAR ON WEEKLY CHART POSITIONAL TRADE IN INFY BUY@750 STOP@725 TARGET-1@780 TARGET-2@795
Note: This is for educational purpose only. There seems to be a wedge pattern breakout with formation of bullish engulfing candlestick pattern. Moreover, there is a spike in volume and RSI is above 50 which indicates bullish momentum.
Hello, Infy is crossing its supply zone and trading @ 724...If it will manage to sustain above 715 then it may test it's next supply zones. Please find the Demand and Supply Zones for the target and stop loss. Thank u Trade Well
Key Levels for INFY : INTRADAY CHART ANALYSIS UPPER BREAKOUT~698.10 FIRST TARGET~698.70 INTERIM RESISTANCE~702.25 FINAL RESISTANCE~706.95 ****************************** LOWER BREAKOUT~689.90 FIRST TARGET~686.75 INTERIM SUPPORT~682.40 FINAL SUPPORT~678.10 My views are for educational purposes only. Please trade with caution and consult your financial adviser before trading.
Expected in couple of sessions
Looks like most of the large cap has already made a bottom in corona selloff. One who follows pure support and trendlines would have made awesome entry in most of the stocks For INFY check the chart for levels
INTRA-DAY TRADE IN INFY FUT PLEAE ADJUST FOR FUTURE RATES BUY@668 STOP@660 TARGET@678 QTY=2400 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!! !!intra-day ideas series everday at between 9:30 to 10:30!!
Breakout from Resistance. Possible Retest to get rid of weak hands.
Wait for candle closure above resistance to buy or below trend line to sell.
Key Levels for INFOSYS are : Upper Breakout~591.85 First Target~598.15 Interim Resistance~604.95 Final Resistance~612.25 **Lower Levels** Lower Breakout~580.65 First Target~575.30 Interim Support~570 Final Support~564.65 Please trade with caution and consult your financial adviser before trading.
Zoomed in View for Dotted Trendline Scenario
These are the two Major trendlines which has a lot of significance for INFOSYS , a test to that trendline is possible in longer term and then a major bull cycle will come ahead. If INFOSYS goes for a complex correction over the period of time then that white bold is where C wave can have rest for further trend reversal. The Dotted Trend line is where C wave can...
This is the macro view of INFOSYS with Elliott Wave Even If we look at Macro view of INFOSYS using Elliott wave we have already completed the 5th wave. Right now we are moving in B wave and then C wave is yet to come to near 516-521 level, lets see if we move there in long term or not
NSE:INFY Hello Traders! :) Here's a Trade Idea Forecast for INFOSYS I have been bearish on INFOSYS from the past few months when it broke that trendline . Now as per the current scenario INFOSYS is moving to a rejection with bearish price action , So i am expecting it to get rejected from that level i have mentioned in the chart which is around...
warning: this idea is to journal my findings for my personal use. Advising you to do your own analysis before entering I am keeping a tight stop loss, once the target is reached, I might be putting rolling stop loss