Infosys ltd Chart Analysis For invesment India 2022Infosys ltd Chart Analysis For invesment India 2022
Globally Certified Top Employer For the second Consecutive Year in 2022
Established in 1981
IT services company with more than 292k employees
first IT Company from India to be listed on NASDAQ
Infosys recognised as the fastest growing Top 10 IT service Brand
For More Update search in Google - Trading with Manoj Shinde 27485
INFYC trade ideas
INFOSYS : ACCUMULATE Start Buying in Small chunks , As IT Sector Above 200 DMA , Reflects stability in the market
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis
Infy Swing Trade Opportunity NSE:INFY
this might be good break out swing trade, trade as per your trade setup.
everything mentioned on chart.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Infosys 400 Points Crack Ahead Wave C about to startInfosys recently made high near 1845 and got rejected from 0.618 Fibonacci.
The recovery it made from recent low 1665 was Flat abc(pink colour) correction where b was exactly touching start of a then wave c retraced up to 1.382 Fibonacci extension near 1845
On Larger degree correction not over yet and looks to be ABC zig zag correction which can take Infy towards 1445 which 1.382 extension in the form of five impulse waves as shown in chart. This expected within 1 month.
Analysis invalidation level its all time high of 1954
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Disclosure: I have Infosys 2 lots 1600pe @9 of Mar Expiry so my analysis can be biased. Do your your own study before taking blind trades.
Infosys_ Inside Candle Consolidation !!Inside Candle : The price consolidating in inside candle with three bullish candle in 6 past session and volume surge & positive RSI.
Long : Above Rs 1755, or Short only if support of Rs 1650 broken.
Target & Stop Loss as per price action and risk management.
Thanks
Infosys LONG as well as SHORT opportunitiesInfosys has tested the support of 1700 to 1660 many times, thus this becomes a crucial level.
If this supports get broken a nice short trade can be initiated on the downside.
if it broke above 1770 after a pullback it can continue its trend on the upside.
It is necessary that structure of broader market improves for any stocks to head higher in the short term.
INFY- Ready For A Breakdown#INFY
Sell-Below 1650
Sl-1700
T-1510
#INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in weekly TF below 1650, target will be till 1500.Then we have to see price action weather it will take a U turn from there or it will continue.
Idea is invalid above 1800. So plan your trades accordingly.
Simple Trade Setup | INFOSYS | 07-03-2022 [INTRADAY]NSE:INFY
Trade Setup for 07-03-2022
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.
SWING SHOT FOR INFOSYS !!!!<#MONDAY#>
<#SWING-TRADE#>
@VK2413
NSE:INFY
{
INFOSYS is at its best support zone...
have it now in your portfolio..
for a few months you will feel it's potential..
IT sector is making news too..
GO WITH THE FLOW....
LEVELS are given in the charts for swing shot😉..
}
Fallow @VK2413 ,like❤️,Comment✌️,Share your view too..
Pattern breakdown may see a big fallAfter the recent fall, Infy has formed a Pattern breakdown - Price went below and managed to move inside the pattern. The next direction depends on where it closes today, inside or outside the pattern.
The fall may be big if it closes below the pattern. The target could be at 38.2 Fib retracement level. The correction should happen for the rally Infy has seen for the past 2 years. However the 2 major support level before it reaches the target downside.