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Infytrend

Infosys (INFY): ₹1,636 – The spring coiling for the punch!?NSE: INFY | Timeframe: Daily Key Technical Observations: Classic Cup & Handle Formation: INFY has carved a textbook bullish Cup & Handle pattern on the daily chart, with the "handle" now consolidating tightly near the ₹1,636 resistance. Price is gathering power for a punchy breakout – reducing volatility and compression signal imminent momentum. Breakout Trigger at Resistance: The handle’s consolidation at ₹1,636 shows sellers exhausting, with consistent support from the 50-day EMA. Watch for a daily close above ₹1,636 to confirm bullish momentum ignition. Volume-Powered Setup: Potential surge in volume on breakout would validate the "power gathering" phase. Trade Strategy: Entry: Daily close above ₹1,636 (Breakout Confirmation). Stop Loss: ₹1,530 (below handle low). Target: ₹1,960 (Measured Move: Cup Depth Projection). Risk-Reward: 1:3.5 (High-Probability Setup). Why Trade This? Pattern Strength: Cup & Handle is a high-probability continuation pattern – especially with 50-EMA confluence. Sector Alignment: IT index resilience supports INFY’s breakout potential. Clear Catalyst: Breakout above ₹1,636 opens path for explosive move toward ₹1,960. DISCLAIMER: This analysis is for educational purposes only. Not financial advice. Trading involves substantial risk. Past performance doesn’t guarantee future results. Always conduct your own research, consider risk management, and consult a SEBI-registered advisor before trading. Pattern success rates vary based on market conditions.
NSE:INFYLong
by Alert_Trader
INFOSYS - POSITIONAL TRADE WITH VERY GOOD R:RSymbol - INFY INFY is currently trading at 1942 & approaching ATH resistance zone. I'm seeing a trading opportunity on sell side. Shorting INFY Futures at CMP 1942 I will be adding more position if 1980 comes & will hold with SL 2025 Targets I'm expecting are 1780 - 1700 - 1580 P.S. : INFY is approaching ATH resistance zone after a long time. ATH resistances are usually hard to break in one go. To break this resistance, INFY must spend some time here (2-3 weeks) before breaking out. Only then we will see more price growth towards the upside. As of know, given modestly high valuations of INFY & overall market, The setup looks more towards negative side & It is highly likely that the price will take resistance from here & change its course to south. I've shorted far month futures already. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:INFYShort
by akshit_official
2
Infosys - low risk high reward long Swing trade opportunity Infosys is currently trading within a robust support zone that is visible on both monthly and weekly time frames. The stock has already responded positively to the weekly demand zone and formed a bullish engulfing candle on the weekly time frame. Additionally, selling volume has been decreasing, and a bullish divergence has emerged on the daily time frame as confirmed by the Wave Volume Divergence Indicator. A strong support line, represented by the purple line plotted on all three time frames, making it a low-risk, high-reward trade opportunity to initiate a long position near that level. The Daily Time frame displays a 1:2 position, and the first target has been identified. To maximize potential profits from this trade, traders can trail both their Stop Loss and Target. In conclusion, Infosys is currently presenting an enticing trading opportunity, as it is trading within a robust support zone visible on multiple time frames, and has formed a bullish engulfing candle on the weekly chart. Coupled with a decrease in selling volume and a bullish divergence confirmed by the Wave Volume Divergence Indicator, it appears to be a low-risk, high-reward trade to initiate a long position near the strong support zone. I am not a SEBI registered individual; my analysis is only for educational purposes. If you find my analysis helpful, I'd appreciate it if you could like it and follow me on TradingView for more analysis like this.
NSE:INFYLong
by AfnanTAjuddin