INFY May CorrectSell Infy below 1712 for the target of 1695.
It stocks have shot up significantly , time to cool off.
Wait for 5 min candle close below 1712.
Infystock
INFOSYS | SIMPLE TRADE SETUP FOR 02-08-2021NSE:INFY
Simple Trade setup for INFY for 02-08-2021.
Chart and levels are simple to trade intraday on 02-08-2021.
Do comment if you have any doubt or suggestion.
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
Infosys - For short term profitInfosys - For short term profit
Testing the support for almost 7th time. Can consider to buy at the support and there are chances for at least 5% upside in 5-10 days.
****************************************************************************************************************************************************************
You can also see my other stock analysis and the performance of achievement/judgment in my profile ideas.
Please follow me , If you would like to see more ideas on stock movement
********************************************************************************************************************************************************************************************************************************
**Disclaimer: I am not a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index.
********************************************************************************************************************************************************************************************************************************
INFYinfy currently forming channel structure and also announced 4th quarter result so take your position carefully.
Infosys - Cup and Handle PatternNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a cup & handle formation with RSI just crossing 60. Nifty IT is outperforming Nifty Index today as well. Price above 1400₹ should see more upside.
SL: 1315₹
Investing OppurtunityInfosys has just taken a support from its long on going trend line. Expected to reach 1400 by March end.
Is Infy going to test 1250 odd levels?The stock seems to form the double top pattern and it may test 1250 levels soon. If it breaks it we would see a further bounce.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
INFY Short 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Leave a comment that is helpful or encouraging. Let's master the markets together
INFY Short 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
moving in parallel channelstock is on its support zone and expectinf upside movement from here. target1 = 970
INFY Short 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 . U+1F60D
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
INFY BUYI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SHORT INFYI 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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Buy InfyI hope you can now see how the 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 favour.
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 methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Investors outlook on channel for trading: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 price limits that contain the price.
Trade Idea For INFOSYS, Bears come let's Cheer! ;) Part 4Zoomed in View for Dotted Trendline Scenario
Trade Idea For INFOSYS, Bears come let's Cheer! ;) Part 3These 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 end if the overall market sentiments stays intact with bulls and growth in IT Sector.
As INFOSYS is a GIANT in IT sector, So expecting the C wave at the white bold line will be like dooms days are coming for them.
Trade Idea For INFOSYS, Bears come let's Cheer! ;) Part 2This 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
