INFY | LOOKS GOOD FOR 1500 - 1510Buy Infy around 1440 - 1450 for the targets of 1500 - 1510 until 1400 is intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Infylong
Long swing trade in infyLong swing trade in infy
Entry above 1513 daily closing basis
SL 1475 daily closing basis
Please refer the image for targets
have a profitable trade everyone.... :)
INFY is filling up gapNSE:INFY is finally filling up gap. And it's taking resistance near 1370 levels. A little bit of retracement can be seen but it looks better than other peers.
Infosys : Ready to flyStock to Buy: Infosys (#INFY)
If you get it in pullback around 1600 level, after bullish rejection of the downward move (i.e. price falls back to 1600 level and then take a reversal to honor the 1600 as support), buy Infy above 1605 with SL: 1595.
The Risk-Reward can be 1:3.
INFY DESCENDING PATTERN FORMEDhello! price action trader
infy
1) trend is downtrend
2) descending pattern formed 5min ,15min 30min, 1 hour.,
3) then use it, taken profit.
4) goodluck.,
INFY , Triangle Breakout on The Charts With Neutral Indicators 09.02.22 , INFY, Trying To Give Breakout or Breakdown in Triangle Pattern. RSI Neutral But MACD Getting Stronger. Most Likely Will Go Upside as Global Cues are Positive. Keep Watch . NSE:INFY
Infy - Triangle target hit and it will flyInfosys after a long consolidation, meanwhile forms a triangle structure and breaks out to hit the target and moving beyond as with CNXIT
INFY: BULLISH TRIANGLEUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern.
TRADING STRATEGY:
BUY INFY: BUY NEAR 1740-45. SL: 1690. TGT: 1850/1950
INFY has closed below 200 EMA , go short if it Infosys has closed below 200 EMA of 15 min time frame, the purple line is moderate demand zone , you can go short for a intraday trade if it breaks the zone. Check IT sector in the morning to add a little more confirmation to your trade. It will go down after breaking the zone , as it tries to fill the gap from 1720 to 1740. Place a proper stop-loss .
INFOSYS: BULLISH CONTINUATIONInfosys has completed an expanded flat correction. The current price action suggests that stock is rising up in an impulse manner having the first wave as leading diagonal. One should go long on current levels with the SL of 1655 for the target of 1780/1820
INFY : rectangle patternINFY :
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 Nifty, Banknifty & Stocks.
INFOSYS: Impulsive rise, ready for 5th waveStock is rising in an impulsive fashion , as wave 12345 with wave 4 as triangle. One should go long on cmp, with SL of 1547 for the minimum target of 1592 & above 1592 look for 1625/1655.
NOTE: wave 4 in an impulse suggests that trend is going to exhaust soon after a new high. One should be very careful and book profits early.
Long on Infy for 17/June/2021Hey Guys,
Take Long positions on Infosys Ltd for tomorrow's targets upto 1505 as plotted on Charts
Near all time high - breakout on cardsPrice 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.
