Simple Trade Setup | INFOSYS | 07-03-2022 [INTRADAY]NSE:INFY
Trade Setup for 07-03-2022
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.
Infyfuture
infosys coming to its supportHello evevry
one so today infosys is comming to its major support . infosys is a good stock its fundamentals are good and furure is bright and due to market crashes its easily availabel on cheap rates this stock will be a value buying at 1600 and bellow level .
This is mine own research do yours as well
My research and opinions should not be consider as an advice or tip
Thanks for now
INFY Analysis- Correction StartsINFY
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 and my personal trade setup.
Do follow us
Like Us
Share with fellow traders
Also check the below related ideas for other stocks.