Itsector

INFY: Neckline Break Could Trigger the Next Rally Pattern-Based Trade Setup Pattern: Inverse Head & Shoulders (Bullish Reversal) Support: ₹1,045 – ₹1,055 Neckline Resistance: ₹1,080 – ₹1,090 A decisive breakout above the neckline will confirm the bullish reversal pattern and signal the start of a fresh momentum rally. Upside Targets: ₹1,150 & ₹1,180 Bullish structure remains valid as long as the support zone holds.

by trailingtradesc85cd5c9f87345fb

Firstsource looks to be cranked up for ATH levels!Uncertainty in global economy is causing a slowdown in overall IT industry. However, FSL is looking all good for a strong reversal. The volume at 50% Fib retracement support is an indicator of the same. Q4 Revenue & EBITDA posted by company is at record high. Stock can be one of the earliest stock to reach ATH if IT sector starts to recover. Don't miss to keep this in your watchlist. The risk is around 15% and reward is more than 50%. This is not a recommendation and is strictly for educational purposes

by chartistamey

INFY | Infosys — Monthly Chart Analysis | May 2026 📊 INFY | Infosys — Monthly Chart Analysis | May 2026 "Distribution Complete — Where Does Price Go From Here?" 🔍 Structure Overview After a massive rally from the pandemic lows (~₹509), Infosys formed a textbook Distribution Zone between ₹1,460–₹2,006 over nearly 3 years (2021–2024). The recent monthly candle has delivered a decisive breakdown below this entire consolidation range. Price is now at ₹1,093 — down ~39.5% from the swing high of ₹1,864 (60 bars, 1,824 days) and –7.50% on today's candle alone. 📐 Key Levels to Watch ZonePriceSignificance🔴 Immediate Resistance₹1,185–1,195Breakdown retest zone🔴 Major Resistance₹1,378–1,417Previous structure + red line🟡 Current Price₹1,09315d4h low wick🟢 Support 1₹967–975Historic consolidation zone🟢 Support 2₹914Key horizontal🟢 Strong Support₹634Long-term demand zone🔵 Ultimate Support₹509All-time range low / HL Hammer zone 📉 Bearish Case (Primary Bias) Monthly candle is printing a strong bearish engulfing / impulse close below ₹1,195 support Volume surge (7.96B on the measured move) confirms institutional distribution, not retail panic RSI on monthly approaching oversold but no divergence yet — more downside likely before reversal The measured move from the distribution top projects toward ₹630–680 zone (gap fill + prior demand) Price has broken below the 200 EMA equivalent on monthly — historically a major bearish signal for INFY 🐂 Bullish Case (Watch for) A monthly close reclaim above ₹1,195 would invalidate breakdown (low probability currently) ₹967–975 zone = 5-year volume node — expect strong buyer absorption here If monthly RSI hits 30–32 zone + price hits ₹914–967 → watch for reversal candle pattern 📰 Fundamental Context Q4 FY26 results (Apr 23): Revenue ₹46,402 Cr (+13.4% YoY) — decent numbers. But market is pricing in: FY27 growth guidance of only 4–7% CC — weak vs. expectations Operating margin at 20.3% — compressed GenAI deflation fears — agentic AI threatening traditional IT services demand Client deal decision slowdowns amid macro uncertainty The chart is confirming what the fundamentals are hinting: the easy IT growth era is pausing. 🎯 Trade Plan Short Setup (Aggressive): Entry: Retest of ₹1,185–1,195 on daily/weekly SL: Above ₹1,280 Target 1: ₹967 Target 2: ₹634 Long Setup (Positional — Wait for it): Entry: Only on monthly RSI divergence near ₹914–967 Confirmation: Bullish engulfing on monthly close Target: Back to ₹1,195+ over 6–9 months ⚠️ Disclaimer: This is a technical analysis post for educational purposes only. Not financial advice. Always manage risk. Chart created with ProfitPrism on TradingView. #INFY #Infosys #NSE #TechnicalAnalysis #ProfitPrism #Nifty50 #ITSector #SwingTrading #MonthlyChart #BearishBreakdown

Infosys - Low Risk Setup CMP 1179.20 on 10.05.26 In the past 3 months, the stock price has come down to 1150 from 1700. At present, trading around 1180. Seems like consolidating around the support level. If it gives a bounce back from these levels (depending upon the market conditions), may go into a bullish phase. Possible targets may be 1310/1450/1600. This setup fails if it sustains below the levels of 1130. According to the trade setup, the risk-reward ratio seems good. Always keep your risk management in control. All these illustrations are solely my own view. It is only for learning and sharing purposes, not a buy or sell advice. Please consult your financial advisor. All the best.

TCS – Keep On Watch CMP 2370 on 20.03.26 As it can be seen on the chart, the stock price has come down to multiple supports. If it gives a reversal here, it may go into a bullish phase. The support area seems to be between 2370 and 2270. The setup fails if it sustains below 2270. Risk management and position size has to be considered wisely. If the setup works fine, further targets may be 2580/2900. All these illustrations are only for educational purposes and for paper trading. This is not buying or selling advice. We are not responsible for any loss. Please consult your financial advisor before taking any trade.

Birlasoft Limited (BSOFT) – Weekly Technical Outlook Birlasoft Limited (BSOFT) – Weekly Technical Outlook The stock is currently trading near a strong demand zone, aligning closely with the 78.6% Fibonacci retracement of the previous major uptrend. This level historically acts as a critical support, increasing the probability of a technical bounce. Key Technical Factors: 📉 Support Zone: ₹330 – ₹350 (strong base formation) 🔁 Positive Divergence: Visible on RSI, indicating weakening downside momentum 🕯️ Weekly Structure: Formation of a potential bullish engulfing pattern, suggesting early signs of reversal 📊 Volume Behaviour: Stabilizing near support, hinting at accumulation Trade Setup: Buy Zone: ₹350 – ₹370 Target (Short to Medium Term): ₹450 Stop Loss: Below ₹320 (closing basis) View: The confluence of Fibonacci support + RSI divergence + bullish candle formation strengthens the case for a technical pullback rally. A sustained move above ₹400 can further accelerate upside momentum toward ₹450 levels.

by tradetechnicalanalyst

HCLT - Buy - Technical Analysis #HCL Technologies Limited - Technical Analysis Price: 1,683.00 | #Trade Setup - Bullish Reversal #Outlook Strong bullish setup with 4-35% upside potential. The failed bearish head & shoulder pattern combined with monthly demand zone bounce suggests institutional accumulation. Breakout above 1,745 opens path to 1,951 and beyond. Pattern Analysis: 1. Bounced from monthly demand zone - Strong support established 2. Made higher low in monthly chart - Trend reversal signal 3. Failed Bearish Head & Shoulders pattern - Bears trapped, bullish continuation 4. Breakout confirmed on weekly chart - Momentum shift 5. Typical double bottom formation - Classic reversal pattern Technical Structure: - Monthly higher low at 1,390 confirms bullish structure - Failed H&S pattern invalidation is highly bullish - Price now targeting previous resistance zones Target Levels: - Target 1: 1,745.00 - Target 2: 1,951.25 - Target 3: 2,272.70 Support: 1,572 - 1,551 (critical zone) ⚠️ DISCLAIMER **NOT investment advice.** Educational analysis only. Trading involves substantial risk of loss. Past patterns don't guarantee future results. Always do your own research and consult a SEBI-registered financial advisor. Author assumes no responsibility for losses. #HCLTech #StockMarket #NSE #TechnicalAnalysis #ITStocks #IndianStockMarket #SwingTrading #Trading #FinTwit #TradingView #ChartAnalysis #StocksToWatch #Nifty50 #TechStocks

by earnwhileulearn

ITBEES Long The chart shows a simple story of how price and RSI are behaving together. The shaded boxes mark two past trade setups. In the first setup, price formed a bottom, RSI started rising from oversold levels, and after that the price moved up strongly. The second shaded box on the right shows a similar type of setup forming again. Price has bounced from the recent low and is now trying to move above the previous small consolidation. The arrows on the RSI highlight two important points. Both arrows show moments where RSI started rising sharply from the lower zone, showing momentum coming back into the stock. When RSI moves up from the 40–45 area, it often signals early strength. This happened in the earlier rally and is happening again now. The rising volumes in the recent candles also support this move, indicating that buyers are becoming active. Overall, the marking on the chart shows a possible repeat pattern: price forming a base, RSI turning up, and volumes increasing. This combination suggests that the stock may attempt another upward move if momentum continues.

DIXON Technologies - Swing Trade Analysis #Dixon Technologies (India) Ltd. - Technical Analysis Report Current Price:15,697.00 Timeframe: Weekly Chart Analysis Market Structure Overview Dixon Technologies is currently trading at 15,697, showing signs of potential #bullish #momentum after a period of #consolidation. The #stock has been forming a significant base pattern following its decline from #all-time highs near 18,177. #Key Technical Levels #Support Zones - Primary Support: 13,800 - 14,311 (Conservative Stoploss zone) - Secondary Support: 13,260 - 13,280 - Critical Support: 12,000 (major psychological level) #Resistance Zones - Immediate Resistance: 16,102 - 16,505 - Key Resistance 1: 17,445 (Target 1) - Key Resistance 2: 19,148 (Target 2) - Major Resistance: 20,866 - 22,000 (Target 3 & 4 zone) #Chart Pattern Analysis The weekly chart reveals a **potential bullish reversal pattern** with the following characteristics: 1. Hidden Divergence: The chart shows hidden bullish divergence on momentum indicators, suggesting underlying strength despite recent price consolidation 2. Consolidation Box: A clear accumulation zone has formed between 13,800 and 16,500 3. Trend Channel: A rising trend channel indicates the potential for continued upward movement toward the 20,000+ zone #Trading Strategies #Aggressive Buy Setup - Entry Zone: 16,505 - 16,102 (on breakout confirmation) - Target Sequence: 17,445 → 19,148 → 20,866 - Stop Loss: Below 15,311 on candle closing basis - Risk-Reward: Favorable 1:3+ ratio #Conservative Buy Setup - Entry Zone: 15,697 - 15,311 (current levels) - Target Sequence: 17,445 → 19,148 - Stop Loss: Below 14,311 on candle closing basis (Conservative Stoploss) - Risk-Reward: Approximately 1:2.5 ratio #Momentum Indicators The lower panel indicators suggest: - Recovery from oversold conditions - Building positive momentum - Potential for sustained upward movement if key resistance levels are breached #Fibonacci Levels Key Fibonacci retracement/extension levels marked on the chart: - 1.618 Extension: 20,882 - 1.414 Extension: 19,989 - 1.272 Extension: 19,367 - 1.000 Level: 18,177 #Outlook Bullish Scenario: A sustained move above 16,505 with strong volume could trigger momentum toward 17,445 initially, with extended targets at 19,148 and potentially 20,866+. The stock appears to be in an accumulation phase with potential for a significant upside breakout. Bearish Scenario: Failure to hold above 14,311 on a closing basis would invalidate the bullish setup and could lead to a retest of 13,260-13,280 support zone. #Risk Management. - Always use stop-loss orders on a candle closing basis - Position sizing should not exceed 2-3% of total portfolio value - Avoid overleveraging in options or futures - Monitor volume confirmation on breakout levels DISCLAIMER This analysis is for educational and informational purposes only and should NOT be considered as financial advice or a recommendation to buy or sell securities. - Past performance is not indicative of future results - Trading and investing in stocks involves substantial risk of loss - All investment decisions should be made based on your own research, risk tolerance, and financial situation - Please consult with a SEBI-registered financial advisor before making any investment decisions - The author/analyst is not responsible for any profits or losses incurred based on this analysis - Technical analysis has limitations and should be combined with fundamental analysis - Market conditions can change rapidly, and all levels mentioned are subject to change **Trade at your own risk. Always do your own due diligence.** *Analysis created using TradingView charts | Not SEBI Registered Investment Advice*

by earnwhileulearn

Kfin Tech - Low Risk Long Setup CMP 1067 on 04.10.25 All important levels are marked on the chart. The price has been traveling in a parallel channel and presently resting at the lower edge of the channel. Also, a double bottom pattern was formed, with a bottom of around 1000. First target is 1160, considering the stop loss of 1000. If it crosses 1180 and sustains above, it will gain more strength. If it sustains below 1000 levels, the setup will go weak. One should keep the position size in accordance with the risk capacity. All these illustrations are only for learning and observation purposes; they should not be considered as trading recommendations. All the best.

LONG IN KPITTECH A long trade can be taken in KPIT TECH. After a bullish run last week Kpit tech showed some profit booking but couldn't break the low of the candle from where it started its bullish reversal. Now it has formed a double bottom and hence a swing trade on the buy side can be taken. Follow for more such analysis. Entry- 1250-1254 Support- 1245-1242 Target- 1270, 1275, 1290 Disclaimer- This is just for educational purposes. Jai Shree Ram

by Sanatan_Trader

KPIT At low risk Zone - Getting ready to Blast NSE:KPITTECH Its at Nice low risk Zone KEEP IN MIND: The 6Rs Dividend Announced at QTR is on 28th JULY Good to keep on the radar Always respect SL & position sizing ======================== Trade Secrets By Pratik ======================== Disclaimer NOT SEBI REGISTERED This is our personal view and this analysis is only for educational purposes Please consult your advisor before investing or trading You are solely responsible for any decisions you take on basis of our research.

by Trade_Secrets_By_Pratik

INFOSYS LTD Making higher high trend on daily time frame.Indian IT Sector is witnessing a recovery as most of the IT stocks closed on a postive note. Infosys Ltd being one of the secotral leader is seen making higher highs and higher lows trend on daily time frame as the with above average volume of 42 days (approx 2 Months). The stock has closed above an important level of 1628 which acted as a hurdle. Now the stocks has suatianed above 1628 level a next resistance level of 1666.40 and 1684.25 seems to be achivabele. MACD Indicator is alredy trading above zero line which signals postive momentum and alog with it ADX indicator is at 25.95 where +DI is trading above -DI which indicates strenghth in momentum. let me know your thought in comment below.

by shashankkadam67

Mphasis Hello & welcome to this analysis Stock could be forming a cup & handle pattern in the monthly time frame with the lower leg of the handle coming to an end. 2000 is an extremely important level for the stock in the short term, while it has loads of resistance between 2300-2800 on the upside as it attempts to complete the handle. Overall weakness continues below 2000, else one could expect stock to rise steadily towards completion of the bullish pattern

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by Dinesh_C_Nagpal

Nifty IT Index Analysis!Nifty IT Index Break Long And Short Term Moving Averages And Possible Downtrending Channel Breakdown Below - 41,900. Avoid Long Positions.

SONATA SOFTWARE - Expecting ATH | 40% upside potential Price Analysis & Overview: 1. Prices have taken support from the fib golden zone. 2. EMA are also supporting the trend. 3. Minimum ATH resistance level will be expected. 4. Above 720 RSI will show further strength for bullish momentum. 5. RRR is favourable. 6. Retracement based trade setup. Trade Plan: 1. ENTRY = CMP 590 2. SL = 10% 530 3. TARGET = 40% 800++ - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray

by SuperNova396

IT SECTOR OVERVIEW: Super Bullish!Observation & Overview: 1. The IT Index was beaten down in late 2022. 2. After 2023 it formed a bottom and prices started gaining strength. 3. 2024 price started forming Higher Highs & Higher Lows, touched the previous 2022 ATH and currently, taking support from the 50% of the swing and also bouncing from a D tf demand. 4. It is acting as a major support zone and good weekly candle rejection can be noticed. 5. Signs of buyers getting dominant and it should break the ATH soon. 6. I'm expecting a minimum 15% ROI from this sector turnaround. 7. Hopefully, with sector rotation this sector is going to gain momentum eventually. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray

by SuperNova396

INFY - Price Observation & overview 1. Consolidating within the trendline, soon or later a strong breakout of the trendline and ATH will be expected. It gonna take its sweet time! 2. Whenever the IT sector stats moving we can expect IT stock to start outperforming, till then it is just accumulation for the long term. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray

by SuperNova396

Birlasoft - Positional setup CMP 599 on 12.10.24 A Pole and Flag pattern-like formation is in progress on the chart. But a trade setup should be backed by other parameters too. The range of 550-580 has been acting as a good support zone for a long time. This time, it reversed from the zone again—a good time for a buy setup with a favorable risk-reward ratio. Immediate targets seem 670, 710, and 740. The setup fails if the price sustains below 550-540 levels. Position size should be following risk management. This is only for learning and sharing purposes, not trading advice in any form. All the best.

TCS FOR SWING TRADE TCS Swing Trade Idea Timeframe: Weekly Observation: TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity. Analysis: Demand Zone: Clearly visible on the weekly timeframe, supported by historical price reactions. Volume Profile: Higher buying volumes observed near the demand zone, adding conviction. Risk-Reward Setup: Place a stop-loss slightly below the demand zone with targets at key resistance levels (based on Fibonacci or previous highs). Disclaimer: This is for educational purposes and not financial advice. Please do your due diligence before trading.

LTIM - Getting Ready The chart is self explanatory. Since Nov. 21, the price has been forming a Triangular pattern. Already given a breakout of that. Since Jan. 24, A Cup & Handle pattern is formed and a breakout is seen on the charts. At present time, we can observe the retest of the both breakouts. If the price gives a bounce back from present range of 6000-5800 and sustains above, may see a bullish run upto 7000/7500 and even more. If sustains below 5600, the setup goes weak. One should mind the position size according the risk-management. The above illustration is my own view, only for learning and sharing purposes, not a trading advice in any form. All the best.

Affle India for 60%+ gains Date: 6 Nov’24 Symbol: AFFLE Timeframe: Weekly Affle India seems to be in Wave V of 3 which may end around 1850. And after correction in Wave IV, the price is likely to head to 2450 (60%+ from where Wave IV ends) as seen in the chart. Once the prices go past 2000, five waves of Wave 5 will be more visible. Wave 5 could even extend and head towards 2800+; will review this as waves develop. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. HINGLISH VERSION Aisa chart dekhke lagta hai ki Affle India 3 ki Wave V mein hai jo 1850 ke aaspaas samaapt ho sakti hai. Aur Wave IV mein giraavat ke baad, keemat 2450 (60%+ jahaan Wave IV samaapt hotee hai) tak pahunchane kee sambhaavana hai. Ek baar jab keematen 2000 ke paar chalee jaengee, to Wave 5 kee paanch waves adhik dikhaee dengee. Wave 5 extend bhi ho sakta hai aur 2800+ kee taraf badh sakta hai; wave vikasit hone par isakee sameeksha karenge. Yah koee trade lene ki salah nahin hai. Kripya apana vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.

by DhandhaPaani

NIFTY IT Break Down Before US Election Nifty IT is currently break down and negative trend in before the us election. In the current market correction this is the one of the most positive and attractive sector in the indian market but this week the price is fall Nifty IT Company in the FII Friendly but Huge selling in the FII Less impact in the market. Now currently my point of the view after the US Election ( If Donald Trump Win ) One time this is show in the deep correction, but we are bullish because this is the more beneficial of the Interest rate cut

by Anuragsahu001