NSE:INFY
Observations:
1) On daily time, we can see that after 3 days of profit booking, it took support from 50DMA and managed to close above it.
Also, if you remeber earlier, level of 1700 is major critical support.
As far as it is giving closing above it, it has chance to start bullish run again.
Major immediate resistance is at 1760 level.
Please...
INFY :
Trading in rectangle pattern and taken good support in the daily time frame.
in 15 min TF, also taking support from the trendline. We may see once break resistance as per the chart.
This is for educational purposes only and my personal view. Please check from your end before entering in to trade.
Please Like and comment for more & regular studies for...
🔴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...
Infosys 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...
INFY
Sell- Below 1310
SL - 1330
Target- 1280 1260 1220
Go through the chart for more details. I would suggest to avoid buying this stock . If stock corrects to 1200-1220 then will thing to buy in the dip. Till then I will short from the above levels.
Always use alerts for trading.
Note:- I am not SEBI registered . All Views and trade setups are my personal view...
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...
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 defended successfully 960 level for last two seasons. But it will continue? Last season profit booking seen in infy, Profit booking can be continue to this counter! It's looks like, 970 is tough to break and sustain above this level and support near 936. If one more time infy break 960, it can fall very quickly.
A gap down possible on Monday!
Disclaimer:- ...
On my last advise of "INFY" impeccably followed the channel support, and progress up.
On INFY there is a perfect channel is formed. The stock is revolving between the channel.
Price is currently near the control line. It is expected to move from the current level to 752 price point, that is till B point.
Below 723 price can be bearish.
![INFY: Simple Trade Setup | INFOSYS | 25-10-2021 [ INTRADAY]](https://s3.tradingview.com/j/JzXu68Bo_mid.png "Simple Trade Setup | INFOSYS | 25-10-2021 [ INTRADAY]")
