Long(Intraday opportunity)INFY is making a triangle pattern in 15M time frame. A breakout on upside could be good intraday opportunity.
INFY trade ideas
symmetric triangle formation infy 15 minutes time framebreakout may be on anyside. targets are marked as green lines for short and long trades. apply your stoplosses accordingly
Triple top formation in infosysTriple top pattern has formed on INFOSYS after heavy uptrend on daily TF.
A good downfall can be seen in coming days.
Keep an eye on it.
Keep supporting, Keep earning!
WAIT FOR TRENDLINE BREAK.INFOSYS LOOKING TO TRADE IN GIVEN TRIANGLE PATTERN AND IT CAN BREAK ON EITHER SIDE. TARGET WILL BE PREVIOUS SWING HIGH OR LOW. TRADE ACCORDING TO YOUR RISK. THIS ANALYIS IS ONLY FOR LEARNING PURPOSES,
Short INFYRSI Overbought and flattened, at the peak, as per previous history, Stocks fall when RSI trades in over bought zone
MACD ready to negative divergence.
Stock can fall to levls of 1542/1500/1480
PS: this is just for learning, trade with consult of financial advisor.
Infosys - Ready to smashInfosys is ready to smash the IT sector as it seems so bullish and now retesting the trend line, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Infosys may go down to 1296 and then to 1260Infosys currently in down trend ,shows an head & shoulders pattern and may go till 1296 and then to 1260. Stop loss will be around 1373
This is only for educational purpose and not a recommendation. Lets wait and see
