NSE:INFY Observations: 1) On 1day time frame, it made kind of double bottom pattern. It is having immediate support range of 1800-1810 level range. Please refer below chart : 1day Time Frame. 2) Also on 1day time frame, it made Doji candle at top with high volume. If it trades below the low of this candle then we can see down move and if it trades...
NSE:INFY Observations: 1) On 1day time frame, today it closed above triangle pattern and it was breakout with increased volume. If it sustain out of this trianlge then we can see good upmove. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for Date: 17-12-2021 1) Don't Jump in to trade at the beginning...
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 .
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...
it given breakout on daily candle. RSI also pointing upward and showing strength in move volume is almost equal to the previous day.
🔴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...
Sell 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.
INFY Infy trading with triangle pattern. Keep eye on it
NSE: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 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...
Infosys - 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...
infy currently forming channel structure and also announced 4th quarter result so take your position carefully.
Note: 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₹
Infosys has just taken a support from its long on going trend line. Expected to reach 1400 by March end.
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
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...