I have analyzed the Infosys price based on Gann level. I have also included recent trend. Currently we are in downtrend and there is not even one Green candle is visible in weekly TF. So that make me little projection that it will go down till 1369. But I will be more vigilant and keep the stop loss.
Analysis is my passion & I am doing it for study purpose only....
Infy has been bouncing off the Resistance turned Support zone between 1355-1370. The CMP is 1420. Just another 50-70 rs to reach the zone.
Safe traders can wait for it to reach the zone and bounce with a Bullish candle.
Keep on your watchlist.
Hi, this is just an OBSERVATION not an advice. Infosys is a great company AI leader in india.
which seems underrated. #finance #infosys #technicalanalysis #stockmarket
Concepts Of ICT
A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved.
Technicals and smart money gave the signals of a drop in Infosys before its earnings.
Some would say its a " Head and Shoulders"- not...
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Analyzed the high , low , trend & Candles stick. Add Gann level also and came to the present projection. Target is 1369. And it may or may not come tomorrow. But always maintain your SL as well.
Please share your experience and feedback. So that i come to know is it helpful or not. If it is helpful please do share it with your friends as well. If you need any...
Company:- Infosys Ltd.
Sector:- IT (Information & Technology)
M Cap :- 6.14T
Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the...
descending triangle bottom trendline broken. if falls continue
next support will be 1430 and 1366.
I shared this idea for learning purpose only. Tread with your own risk
I'm not Sebi registered adviser.
Infosys chart pattern look interesting.
Trading near weekly 200EMA
Breakout from bullish pole-flag pattern
Pullback to recent breakout level
I will bet on long side and will accumulate at these levels
Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors
I have analyzed based on price range, high, low, and trend in weekly TF. And project in the past week. Please do share with friends and like & follow too for others benifits.
I have analyzed based on waves, candle stick, high & low price. And based on that I am able to project this target(Apple). Tomorrow is the result for Infosys also. Always maintain a SL. Target is 1369
This is for study purpose only.
The stock is forming a rising wedge pattern on the daily chart. This time at the lowest edge of the wedge. If bounces back from these levels, a bullish run may be seen.
Currently at 1475 around. One should exit if sustains below 1460 ( below the wedge formation).
This illustration is only my point of view, for learning and sharing purposes, not a bit of trading...
As result is there in Thursday. I have analyzed and projected the price based on trend, candle sticks, Gann angles. Every Infy result made impact of-60rs(except 2, it went up). That is also i am considering. Target expected is 1369
Infosys is making a Double Bottom chart patter at DAILY CHART. Made a Hammer Candle on 4april and made another 2 candles under it, good RSI divergence, probability of going up.
For my learning and digital records purpose only.
I have analyzed and prepared the chart using trend, Gann level & price waves. Price has tried bounce back last week. But it has respected the resistance line and it returned downward. Green apple is the target.
This is for study purpose only not recommendation.
