INFOSYS (INFY)4 Future targets ready for Infy. Having 2 Gaps in the stock.
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Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.
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Infosys Next Month FNO expiry Infy is on sweet spot , After a big correction from Past now charts showing a upside potential .
Target 1400
A bottom in Place for InfosysInfosys Future Cmp 1295
As seen on the chart post consolidation this stock has now give a breakout.
The volume action supports the price movement which makes the breakout more reliable.
A spinning top candlestick patter was also seen on the chart suggesting a bottom would be in place.
Support at 1240
Target 1380 and 1420
Infosys Where to Buy ? US and UK are the major Customer For Infosys and All IT sector and Now Days Due to High Inflation in US and UK its affecting on IT sector
Down side First Target - 1357
Up side First Target - 1167 - 1152
INFOSYS case studyDemand zone as per previous swing low
Bullish harmonic ABCD pattern formation
RSI at historical support zone..
all indicate one thing,,,,,
Infosys ltd inverted head and shoulder pattern An inverted head and shoulder pattern form in Infosys ltd on 1 hr chart.
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.
Infosys technical analysisAs we can see Infosys just broke the fresh bullish pattern and broke the previous resistance and coming back to retest the resistance which was turned to support if we see any good bullish candle with good volume and any bullish patter we can go long on the stock
Infosys (Infy): Positional view on this IT giantFrom among the IT Pack, Infy is the one I'd love to keep a watch on.
From the high to a 30% correction, the stock is slowly inching its way up.
Forming a double bottom pattern, the current price is hovering near the neckline.
Positive with initial targets of 1750, 1900 and 1950. Above 1950, we can expect good move upwards.
The stock has strong support at around 1400 - 1350 levels, having pulled back up from those levels.
As always, keep a SL at 5-8%.
Note: Not a buy/sell recommendation. Do consult your investment advisor and due diligence.
infosys in big pictureW pattern formation in infy
good price action
major resistance about to break
volumes are greater(daily)
target upto 2000
Infosys SHORTReasons for Short as follows:
1) Classic Head & Shoulder Breakdown Pattern
2) Price trading near 52 Week Low Zone
3) IT Sector is the Weakest and Leading the Bear Market
4) Global Recession means Slowdown in Revenue for these IT Companies
SELL Weakness
Stop Loss above 1420
Targets:
T1= 1320/ 1300
T2= 1250 ish zone
INFOSYS (HEAD & SHOULDER BREAK DOWN)INFOSYS
On Daily Basis Time Frame the Stock is already in Bearish Mode and Today it has given a Good Break Down of Head & Shoulder Pattern which shows that Stock is going to fall further.
So as per Chart the Stock looks in Bearish mode and can be shorted as per the levels given below:
CMP - 1432.80 or SoR 1445
Target 1 - 1375
Target 2 - 1313
Target 3 - 1251
SL - 1475
Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
Infosys - Possible Wyckoff accumulation scenarioKey highlights:
⚡️ Consolidating in the weekly demand zone for the last 4 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 17 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 1730 zone. If the price manages to push above the range high, expect 1700 and higher in the coming weeks.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Infosys|long|10% to 05% Target.Enter at support level after correction.
1. First Target at 1633 (Safe).
2. Second Target 1650 (Risky).
3. Third Target 1660 (Highly risky).
Take targets according to your risk appetite.
-----Stay tuned for any change/regular updates on trade.-----
Infosys weekly chart pattern trend will infosys go further up as per pattern trend moving average if cross ?? to reach level from where it break down and completed down move expected level and from there it going up. observe to learn only . no trafing call as any negative awntiment may give heavy loss .
Infosys analysisBO can happen because the volume is supporting the price movement.
Good RR we can catch here.
INFOSYS UPDATE Please Refer to my previous analysis on Infosys to get an insight and a detailed analysis on this updated opportunity, with target levels marked.
Keep It Simple
INFY Looks Bullish Fresh Breakout SeenINFOSYS looks bullish, Fresh Trendline breakout is seen yesterday (20th July 2022) and Today Retested the previous Resistance which acted as support and now ready to head towards higher levels. I am Looking to Go Long on INFY Future around Current Price 1518- 1520 With Stoploss 1495 And Expecting Targets of 1550/ 1580 in the next 1-3 Trading sessions.
Infosys on a technical boomNSE: INFY
If Breaks Then The Targets could be Taken at 1520
Time Frame :- 1 Hour
Patterns Name :- Infysos
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Based on Your Own Risk this is only to Show you the Current Pattern
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Infosys can fill the gapYou can make a position in infosys for very short period. It can fill the gap. Target 1750. S.L. lowest candle weak
