INFY(W)-Symmetrical Triangle #breakout 🔥🚀 INFY(W)-Symmetrical Triangle #breakout 🔥🚀
-CMP 1612
-Retest done
-pattern breakout in DTF
-Ascending MonthlyCPR
-Huge Volume buildup near the #breakout zone
INFYC trade ideas
InfosysPrice is consolidating and nearing the trend line. Price have to break the trend line with volume and have to sustain above 1500 to be bullish. Bearish below 1486.
One hour chart shows price is at double bottom support.
Trend deciding level is 1516 - 1522.
Buy above 1502 with the stop loss of 1492 for the targets 1512, 1524 and 1538.
Sell below 1478 with the stop loss of 1488 for the targets 1468, 1456 and 1442.
Do your own analysis.
Infy +8 Day + Hourly + Funda8 Day + Hourly Just above 300 ema apna, testing- Balaji (SUPER No Change Required + EMA )
1) Retesting the Breakout levels
2) Trendline Breakout
3) Ema Supporting
4) Lets see and Watch
# Share # follow # like # contribute
Infosys can fall till 1405, buying recommended near 1340 also 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
Infy Targets 1650+ in 15-20 days possibleInfy Targets 1650+ in 15-20 days possible.
Based on Hourly charts CUP pattern breakout is seen.
Happy Investing.
Infosys - Support Zone Identified in 30 minute TimeframeHello traders, I have noticed a support zone in a 30-minute timeframe for Infosys. All details are evident on the chart. Looking forward to your comments.
Infosys near Big resistance buying recommended near 1320On 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 bullish or bearish wedge market will decide. still the stock is in narrow range in weekly chart.
not touch the R1 and presenting now at pivot level
be prepared for accumulation if the stock moves downside.
INFOSYSAscending Triangle breakout followed by consolidation in progress.
Breakout candle on 15 December ‘23 was achieved with significant volumes.
Entry :- On closing above the high of this candle(above 1588)on Daily chart.
Target :- Height of the candle above the breakout level (1520 + 160 = 1680).
All numbers are approximate.
Update on InfyInfy has given great breakout of trendline and when we share technical analysis in October we were positive and this is what happened and given a decent return since then..
Today, there is a news that a huge number of deal were terminated so that we have seen correction in the stock but as a technical analyst this correction is just healthy and part of retest to trendline.... after retest we can see major bounce back in the stock and can give huge return...
INFOSYS LTD 1W TF Analysis -12/25Observation:
1) Max Call OI @1600( it can act as good resistance in upcoming series).
2) Currently trading near resistance Zone and 0.5 Level of Fib
3) Top of both minor and major parallel line.
4) Forms Doji indecisive candle
Possibilities:
1) It it breaks parallel channel next level to be watch out for 1950
2) It it trades inside parallel channel next level to be 1350
Infosys Analysis Stock is trading near strong BO zone, however, recent news of stock may drag it down for some time, however BO will be still the same level, so, follow chart for proper entry and exit.
INFYInfosys broken head and shoulder in weekly chart. This is high chance to break ATH with this rally. 1770 is a Target.
The stock is ready for a breakout!! are you??Infy-
Monthly chart- The correction that halted at 61.8% of Fib retracement was a bullish zig zag corrective pattern. These patterns develop when the mkt wants to finish the correction ASAP and move in the direction of the larger trend.
RSI- halting in the bull zone of 40-45 at Fib support is another indication of the bull trend is intact.
Weekly Chart-
The recent pull back to 1357 was a 50% fib retracement indicating that the uptrend was strong. The Gap at 1500 is the immediate resistance. The stock will breakout above that. I will want it to settle above it to start trading. There is a big gap between 1647-1573 the stock will find resistance at these zones, above that we should see the highs at 1800 again.
INFY is changing its trend expecting a target of $24
INFY ADR currently trading at 18.60 is changing its trend on the weekly time frame where the EMA20 is crossing EMA50 with a golden crossover. Consolidation of 18 months with above indicators suggest a good upmove.
Infosys buy @ cmp 1500
can we see the profitable trade from infosys, the levels mentioned as targets
add to watchlist and place order
stoploss - 1461.30
targets - 1527, 1577, 1613, 1662
follow me for future profitable trades
this idea for educational purpose only
infosys gap resistancewe can see an upside breakout in infosys and there is a gap in the stock ahead. we can expect the stock to fill that gap in coming trading sessions. we can see an upside move of 5 % in the stock in coming week.
Inofosys "Catch me if you can" - CMP 1578If TCS is almost trading at Lifetime High, HCL is as well. Why would you think Infosys won't go till Lifetime high?
Cup and handle break-out completed. This large cap is likely to give a 20% return in the short term.
Fundamental Rationale:
As per Reuters "The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections that the historic tightening of U.S. monetary policy engineered over the last two years is at an end and lower borrowing costs are coming in 2024."
When borrowing cost goes down >> people and businesses borrow more>> They spend more >> Money circulation in the economy increases (due to increasing demand and production). >>More revenue to service industries. US IT companies can resume expansions that were on hold due to inflation. The scenario now is that since they can start new projects owing to lower loan interests, Indian IT companies will benefit. Since the majority of US companies outsource IT labour to Indian IT service companies,. Infosys/TCS etc., these companies can see an increase in revenue in the incoming quarters.
We can see opportunity in the chart pattern; invest and just wait patiently for a return.
Manage your risk; it is advisable not to invest more than 5% in one script.
Disclaimer: All views are personal. This is not a recommendation. Trade at your risk.
INFOSYS looking Very Strong after a very long consolidation infosys is ready for another bull run in it sector.
INFY IS BREAKING H&S ON WCBINFY is breakinng h&s pattern on #weekly chart
with good volume and rsi
#target can be 1920
educational idea
