Infosys and Atul Ltd. Showing High Rise In Future OIINFY
The stock price was strongly rejected near the 1,730 level and experienced a significant drop.
Later on, the stock found support near the 1,380 level and started to climb.
Once the price broke through its trendline resistance, it made a sharp upward movement and reached its previous resistance area.
Due to the rising volume, there is an expectation that the stock could break through the resistance and continue to move upward.
Additionally, the MACD indicator is showing strong momentum as it is trading above the zero level.
ATUL
The stock has been on a downward trajectory, consistently creating lower highs and lows.
A recent breakthrough of the parallel channel has been noticed, accompanied by a rise in trading volume.
Moreover, the RSI indicated a divergence amidst the downtrend, with the current RSI standing above 70, indicating strong buyer momentum.
There is a potential for the price to move upwards from its current position.
INFY trade ideas
infosys bullish flag and parallel channel break out.12.1.2024
parallel channel break out on Weely chart and
bearish engulfing candle formed on today.
also has taken support from 13 days ema level
next target narrow range R1 1714
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Infosys long term buy given near 1385 1710 Target hit Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys cup and handle and Elliot wave view- cup and handle breakout done
- parallel channel breakout done 2nd time
- pole and flag breakout done
- Elliot wave 4 reached wave 3 level
- trading above ema cross over
- weekly narrow range R1 reached
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
Infosys Ltd Analysis!NSE:INFY Analysis on a Daily Timeframe!
Double Bottom Pattern formation in Infosys Ltd!
Double Bottom Pattern/ W Pattern Formation with RSI Divergence!
Analysis:
As we can see in the chart NSE:INFY started falling down from Feb 2024. It was in clear downtrend. After that it has made a double bottom pattern but it's second bottom is lower than its first bottom, so I have added RSI indicator to get a confirmation about Divergence. We can see a clear divergence while price falling down RSI moving upwards so we can expect the price will move upwards in the upcoming trading sessions. I have marked all the important levels on the chart please have a look.
Trade Psychology and Setup:
Entry = Current price level is good to Enter
Target = 1607.65
Stop Loss = 1460.50
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
INFY - BULLISH ON LONG TERMA level of 2000 is waiting to be tested, breaking the last range of 1900-1980. For that, INFY must cross and break the current channel. Anything below this range is a buy point at the dip, with a stop-loss below 1500. A 15-18% return is expected if the market stays at or goes above the current level and close above 1750 level so can invest more with a pyramid law -
At ResistanceTwo Patterns
Symmetrical Triangle - near resistance
Rectangle near resistance
Wait for Breakout with good volume
There is resistance , Monthly/weekly RSI near 60, may resist here, but if crossed, very good targets
Buy on breakout or retracement ( RSI taking support at 60 in daily TF) could be useful
Educational purpose
Infosys long term buy holding from 1385, 1650,1700+ Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFOSYS 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
INFOSYS Looking good for upside..
When it break level 1566 and sustain.. it will go upside...
BUY@ 1566
Target
1st 1575
2nd 1588
INFY JUL FUT – LOT 8 (Qty-1400)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
@TradingView
Infosys buy given at 1390 high 1554 buy dip before results 1650+Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
InfyHi,
price taking support on trendline . price making swing higher highs. it will possible chance to price will move upside form demand zone which is marked in green area
targets will be Resistances are marked as red horizontal area.
below day closing of previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
medium term shorting opportunity in InfosysHi,
NSE:INFY has given a bearish flag breakout on weekly charts with very good volume.
MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the current momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Election outcome this week, so position yourself accordingly.
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Disclaimer: Please consult your financial advisor before making any investment decision.