INFY trade ideas
INFY FOR BREAKOUT AFTER CONSOLIDATIONInfy on Daily TF made long legged Doji/Hammer after gap down
Consolidated in same range for last 13 days
In 1 hr TF gave Breakout with volumes and then sideways consolidation, trading near upper side of Range
Aggressive Traders make entry here else can wait for breakout and Retest of consolidation Zone
INFY GAP TRADE IDEAInfosys looking good after breaking resistance trendline of triangle and sustain very well above so it is looking triangle pattern breakout and we can go long in it for the target of 1373, 1389 and 1408 with taking a stop loss 1250 below on day closing basis which is looking a good support on this daily chart, and it might fill the Gap during this execution standing between two candles.
NOTE- Only for Education Purpose.
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Buy Infosys above 1339Buy Infosys above 1339 Target 1364,1383 SL 1300. Reason for trade, RSI is strong, latest candle has closed above the high volume selling candle of 23 May. Also price is trading in Gap so it will try to fill the gap.
Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade.
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INFY The Nifty IT index has formed an inverted Head and Shoulders pattern and successfully broke out above the 29100 levels.
Same INFY also created an inverted Head and Shoulders pattern and successfully broke out above the Resistance levels.
Now you have two options: Either wait for a retest of the breakout level OR capture this bullish move (Risky Traders).
INTRADAY INFOSYSview : BULLISH
view change : below 1306
oi range 1300 to 1360
above resistance or reversal near support look for long with proper risk reward,,15min time frame
JUNE 30 RESULT: 9:45 candle résistance b/o green candle has no upper wick close to 100% body went long result target (below support sl resistance target)
NOTE:: ((-JUNE 30 CHART PUBLISHED ON 28TH JUNE))
Swing Buy Opportunity : Infosys There is clear breakout in Infosys and stock has taken a support on 200EMA.
Please refer the chart for the Targets as per Risk Reward 1:1 and 1:4 respectively.
Post achieving the targets one can trail the stop loss as per the previous swing low
Note: This information is for Learning/entertainment purpose only and should not be treated as any trade recommendation. Please do research and consult your advisor prior to taking any actions.
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INTRADAY TRADE SETUP #INFOSYSINFOSYS is now present at important support zone1265 ,( june 9th) also same place support has been take and good rally upside has been seen 1260 zone also has huge PE writing in option chain which may also act as support so combining all the factors it should be bullish untill price stays above 1265
INFY longThe chart pattern is suggesting that INFY is trending upside and today's closing is signaling that the stock has the strength to go up. As per the chart next stops should be 1333 and 1374.
Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
where is infy heading to ? be safe on IT stocksRemember i had advised to short infy when it was 1335 and now its close at 1265. where is it really heading to ? The fibo levels of the swing low says it may reach the recent swing low of 1186, unless it closes above 1279 on a daily basis. Given the weak outlook for the stock, better to avoid the stock for some time now.