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Infybuy

Infosys - low risk high reward long Swing trade opportunity Infosys is currently trading within a robust support zone that is visible on both monthly and weekly time frames. The stock has already responded positively to the weekly demand zone and formed a bullish engulfing candle on the weekly time frame. Additionally, selling volume has been decreasing, and a bullish divergence has emerged on the daily time frame as confirmed by the Wave Volume Divergence Indicator. A strong support line, represented by the purple line plotted on all three time frames, making it a low-risk, high-reward trade opportunity to initiate a long position near that level. The Daily Time frame displays a 1:2 position, and the first target has been identified. To maximize potential profits from this trade, traders can trail both their Stop Loss and Target. In conclusion, Infosys is currently presenting an enticing trading opportunity, as it is trading within a robust support zone visible on multiple time frames, and has formed a bullish engulfing candle on the weekly chart. Coupled with a decrease in selling volume and a bullish divergence confirmed by the Wave Volume Divergence Indicator, it appears to be a low-risk, high-reward trade to initiate a long position near the strong support zone. I am not a SEBI registered individual; my analysis is only for educational purposes. If you find my analysis helpful, I'd appreciate it if you could like it and follow me on TradingView for more analysis like this.
NSE:INFYLong
by AfnanTAjuddin
Simple Trade Setup | INFOSYS | 14-10-2021 [INTRADAY]NSE:INFY Observations: 1) On 1 day time frame, we can see that now it closed above 50DMA as well as 1700 critical level. Which is a good sign. Downside breakdown of it, may result in profit booking. Please refer below chart : 1day Time Frame. 2) On 1 hour time frame, for short duration we can see rounding bottom pattern in formation. Neckline is at 1730 level. If it opens gap up above neckline and test 1730 level and takes support from it then it will give bullish move. But if it breaks down then it have immediate support at 1700 level. Please refer below chart : 1hour Time Frame. We can also see the critical resistance range of 1730-1740. Above this range it will be bullish. ------------------------------------- For positional buy trade safe buy will be above 1740 level only. Short to Mid term target will be 1850-1880 level. Keep SL as per your convenience. ------------------------------------- Trade Setup for Date 14-10-2021: 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.
NSE:INFY
by Trading_hawk
14
Infosys - Swing started🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:INFYLong
by PrakWorld_Traders
Infosys - Ready to smashInfosys is ready to smash the IT sector as it seems so bullish and now retesting the trend line, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:INFYLong
by PrakWorld_Traders
Infy levels for 02/06/2021 and juneNSE:INFY Major trend is upside stock started correcting from 9th april onwards. failed to make LH LL in bigger time frame.(hint for trend change) 1370-1378 is the previous swing high. that level was breached and rallied then it was facing pullback from 27th May onwards. Currently, the stock faced buying pressure from the confluence of supports. bottom channel line support of the pullback move. support of the uptrend line marked. previous swing high range support. 200ema of 15min. consolidated in the rectangle range for 2-3 hours and faced buying pressure with good volume. bullish marubozu engulfing candle in 1hr time frame. 1hr stockastics moving upwards from oversold region. Major trend is upside. NiftyIT is also creating a flag and pole pattern. This is a high probable trade for me. I will be looking to hold as long as possible with SL at 1368. Can be watched for intraday in the coming days.
NSE:INFYLong
by vyas1394
3