Infosys- ICT 1 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 the case... liquidity drives all.
All concepts from 2022 Mentorship on Youtube
INFYC trade ideas
Infosys buy on dip we will see 8-10% upside in 1-2 monthsOn 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys(India) target for tomorrow or in coming days(19-04-2024Analyzed 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 specific script analysis then you can mention in the comment.
Right time to accumulate this stock for swing tradingCompany:- 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 daily chart showcases the emergence of an inside candle, signaling a potential breakout imminent in today's trading session.
Of particular note is the breakout of bullish divergence coupled with a period of consolidation evident on the hourly chart. This confluence of indicators suggests a compelling trajectory for the stock, with a projected upward movement towards the levels of 1575 and subsequently 1620 in the foreseeable future.
Disclamer:- Before taking any trade or investment do your own analysis or cunsult your financial advisor.
Infy - Low Risk SetupThe 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 advice in any form.
All the best.
INFY Price price breaking the resistance zone now resistance become support area
price near Fibonacci retracement level, 61.8% .
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.
INFY | Swing Trade📊 DETAILS
Sector: IT Services & Consulting
Mkt Cap: 624,227 cr
Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS.
TTM PE : 25.10 (Low PE)
Sector PE : 34.35
Beta : 1.37
📚 INSIGHTS
Mid-range performer
Stock with medium financial performance with average price momentum and valuation. These stocks may be affordable and are showing some investors interest.
7.12% away from 52 week high
Underperformer - Infosys up by 2.15% v/s NIFTY 50 up by 4.49% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Infosys - Double BottomINFY is making Ascending channel pattern at Daily chart since April 2023, at a Good Support. Also making Double Bottom at Daily chart, Hammer candle on 4april, 9EMA rule is also working. Now chances of going up from here but need a strong green candle at 15min chart to confirm the same.
For my learning and digital records purpose only.
Buy Infosys for long term near 1490 Target 1700 ++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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys 26 marhc sell on rise 1402 we can see in few days 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys 22 march we will see 2-3:% fall sell on rise 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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit