INFY - On The EdgeTesting final support of 1550 again & again
Currently in downtrend & triangle pattern
Seems like bear are weakening
But strength is only above 1590
Below 1550 stock has huge downside potential
Above 1590 can test 1850 again
INFY trade ideas
Infosys : Long opportunityInfosys is facing heavy selling laely, and is approaching good accumulation level. The idea is to target a minimum of 10 percent in the given trade setup.
Divide the entry into two legs. The first entry should have half the units you plan to buy at entry 2.
Levels posted on chart
INFOSYS - FALLING KNIFECertainly a great fundamental company, but not the right time for entry for long, well the stock has comfortably started trading below 1650-1600 levels, which was a breakdown level and started to trade below that indicating further downside. Moreover, a structure of a FALLING KNIFE is clearly visible on the charts. Targets are positional.
DISCLAIMER - I AM NOT AN FINANCIAL ADVISOR, ITS JUST AN VIEW AND NOT AN ADVISE.
Positive Rsi DivergencePositive Rsi Divergence Positive Rsi Divergence Positive Rsi Divergence Positive Rsi Divergence
INFOSYS Expecting some bull baCK rally in #INFOSYS till 1620 to 1640 levels ( #Sell_on_RISE). Fresh buy for Long term can deploy first 30% now.
Though i'm in bearish trend but expecting some pull back in NIFTY which move towards minimum 17130 to max 17473 to 17653 levels, then huge fall ( #SELL_ON_RISE market).
Thank you for Following.
INFY Double TOPit has formed double top on weekly chart and broken neckline downside.
1400 looks on the cards. which also matches with Fib retracement of 38.2%.
INFY long scalpFierce fall, giant company. Expecting it to bounce to fill all the 'inefficiency'
Tight stop of 2.3% with 5RR+ reward
GL/
Infy Great Buying OpportunityInfy corrected well after long times
Made Bullish candle on support with huge volume
Entry Above 1650
SL 1590
TG 1700, 1750, 1800 , 1950 , 2000
Things are not looking good for INFY!#INFY has broken down TL support on Monthly Time Frame. Confirmation by Month End.
Next major support: 1540-1545
Best buy zone: 1320-1415 (if BD is confirmed)
wedge pattern breakdown with huge gap IT sector under pressure
Infosys looking attractive by the price but don't go for long or positional until the price come in the wedge pattern
Infosys trades below 200 EMA, which is also a weak sign for a sound fundamental stock.
the chart looks like, it is the start phase of the downside.
I WILL UPDATE AGAIN WHEN INFOSYS LOOKS FORWARD TO BULLISH.
Infosys - Short oppInfy historically did not give much return to shorters post results even it missed the earning estimates. Post results it moved up or sideways and did not leave good RR for shorters. This time results are out on 04/13. Price is already trading below 21 MA, if short now target should be 1700.
Release Date
13-Apr-22
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NIFTY 50 and INFY LIVE MARKET ANALASYS & INFY Welcome to TCT TRADERS CRAFT TECH, #10thirtyprofit
please watch understand & work on my idea & learn a lot
longcan enter now for long side gap down opning fake strategies try to take paper trade with sl of 1600
INFY LOOKING GOOD FOR - apr may month# INFY ... ✅
All levels given in charts for intraday as well long term ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
IF Tomorrowwe seen positive movementum then this levels are very useful for our stock options...
Possible to give good target
TRADING FACTS
Infosys - Bearish chart pattern -1514 breach?Infosys didnt manage to excite the markets. The slide is steep and a close below 1700 could well take it to next support of 1514. Missing street expectations is weighing heavily on the IT behemoth. If 1700 provides support, then it could consolidate at 1700 before recovering- BUT a breakdown seems to be the way forward given the steep downward momentum. What do you think?
Infosys Analysis !! Breaking Out.📈 Infosys 📉
In the market where every sector broke all important supports, IT it still holding and it shows relative strength of sector.
Infosys is breaking out from a triangle after testing multiple support zone of 1665-1680 since September 2021.
On Buy Side I am looking for 1800-1820 zone as first target then followed by 1900-1940 zone.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
