INFY trade ideas
NSE:INFY LongNSE:INFY
#INFY trading @ Resistance zone and breakout will give positive momentum
Above candle closure and be traded options too.
Have a Happy trading.
Levels Perfectly captured & shared for FREE Everyday !!
If you like the analysis, Hit like button and share it with your friends to extend your Support.
SWING TRADE - INFOSYSBUY INFOSYS
ENTRY & EXIT LEVELS MARKED ON CHARTS
PS: ITS A PURE SWING TRADE PICK FOR NOW TO CATCH THE RESULT RALLY
Disclaimer: All charts are for educational purpose. Kindly consult your financial advisor before investing.
Infy Buy 1713 SL 1695 T1 1721 T2 1734Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Simple Trade Setup | INFOSYS | 14-10-2021 [INTRADAY]NSE:INFY
Observations:
1) On 1 day time frame, we can see that now it closed above 50DMA as well as 1700 critical level.
Which is a good sign. Downside breakdown of it, may result in profit booking.
Please refer below chart : 1day Time Frame.
2) On 1 hour time frame, for short duration we can see rounding bottom pattern in formation. Neckline is at 1730 level.
If it opens gap up above neckline and test 1730 level and takes support from it then it will give bullish move.
But if it breaks down then it have immediate support at 1700 level.
Please refer below chart : 1hour Time Frame.
We can also see the critical resistance range of 1730-1740. Above this range it will be bullish.
-------------------------------------
For positional buy trade safe buy will be above 1740 level only. Short to Mid term target will be 1850-1880 level.
Keep SL as per your convenience.
-------------------------------------
Trade Setup for Date 14-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
INFY : rectangle patternINFY :
Trading in rectangle pattern and taken good support in the daily time frame.
in 15 min TF, also taking support from the trendline. We may see once break resistance as per the chart.
This is for educational purposes only and my personal view. Please check from your end before entering in to trade.
Please Like and comment for more & regular studies for Nifty, Banknifty & Stocks.
INFY BACK TO PAVILLION ?INFY 1679 Seems to be back to pavillion to gain support from 1653. let see how it resumes
Infy: Chart set up, Result and trading strategyInfy
- Prima facie 1745-1758 looks likely to be resistance zone
- trendline resistance on 28 October comes around 1789 odd levels
- on the downside 1640 / 1560 are 2 important support levels
So there you go, Important levels have been identified.
Given the set up, F&O Strategy that may be considered: Sell Infy 28 Oct expiry
1800 Call option currently around 18-19
The strategy has yield potential of approximately 9% on Margin requirement and covers risk for a rise up to 1818-1819 odd levels till expiry.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
can give good momemtum aftre bullsih candelgo for long after the bulllsih candel
.......................................................................................................
Infosys Q2 results based strategies INFOSYS Q2 RESULT BASED STRATEGIES
The IT heavyweight is scheduled to declare its results tomorrow. However, I am not sure at what time the results are likely to be declared so am creating the strategy now itself and have this post cum video explaining the basis on which I have created the strategy only for the purposes of tracking I have not taken a position. If I do take, I will let you know.
Infosys has been behaving in a very unusual manner for quite some time. Either it goes up quickly and then abruptly falls and then goes in to a drifting mode then leading to consolidation. I have traded Long Only options in the scrip and have gained good ROI. However, for the last few weeks I have stayed away from all IT scrips in Options as the behavior is not something that I like to trade.
Infosys Spot is at 1673 when I am writing this post so my strategies would be based on the same. Please watch the video to know the workings related to the strategy.
INFOSYS levels...12.10.2021 ( D candle)INFOSYS now in trendline...so trade carefully if its break downside then bearish hormonic pattern will activate
Infy to WatchToday Infosys just gave the breakout
today's closing matters
Buy should be at CMP tgt 1800-2000
Sell should below 1690 tgt 1600-1550-1400
Happy Trading
EMA - 50 Strong SupportInfosys will announce its earnings later in 2-3 days and is expected to follow along the lines of its peer TCS.
EMA 50 has always been a good support for the share and MACD hasnt seent he negative zone since March 20 market crash.
It will be interesting to see if the share rallies from here and mantains its EMA support or corrects a little more to meet its trend support.
infy symmetrical triangle pattern is emerginginfy symmetrical triangle pattern is emerging,see on chart
INFOSYS: IntradayPrice action analysis for Intraday Trading.
Price is consolidating in a parallel channel for quite a few days. From the lower side either there can be support or a fresh breakdown could give a good move.
INFY5.10.2021
1692.8
Price bouncing from 50 EMA and also the support level
Last 5 days average volume is more than average volume of last 20 days
SL can be 1655 and target 1788
RR is more than 2
Infy Views are for educational purpose only. Please consult your financial advisor before taking any trade.
Good for long term !! (Uptrend)Clearly infy now is in a correction to go according through the trendline
Indicators like MACD still shows a sell signal
volume is not suffienient enough currently seen to see a burst.
It may touch the trendline at somewhere around 1662 and see again a journey upside again.
Rsi indicator is currently 45 which may go upto or below 30, once touched the low levels fill your baskets as
LONG TERM trend is pure UPTREND.
Currently we say a rickshaw man doji at 27-sep-2021, since then we are seeing a bearish trend recently but wait for trend reversal at short term again !
