INFYC trade ideas
Simple Trade Setup| INFOSYS | 23-12-2021[INTRADAY]NSE:INFY
Observations:
1) On 1day time frame, as expected it is consolidating above 1800 level now. And volume is slowly decreasing.
But good thing is that it is holding above 1800 level.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 23-12-2021
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.
Infy: Resistance getting breached... Readying for a breakout?Infy
The stock looks set to conquer 2000 odd levels
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
INFY ShortI hope you can now see how INFY represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Simple Trade Setup | INFOSYS | 20-12-2021 [ INTRADAY ]NSE:INFY
Observations:
1) On 1day time frame, it made kind of double bottom pattern.
It is having immediate support range of 1800-1810 level range.
Please refer below chart : 1day Time Frame.
2) Also on 1day time frame, it made Doji candle at top with high volume.
If it trades below the low of this candle then we can see down move and if it trades above the high of this candle then we can see followup buying.
Please refer below chart : 1day Time Frame.
Safe buy on sustainable breakout of 1840 level and safe short on sustainable breakdown of 1800 level range.
If not then we might see it will consolidate in this range of 1800-1840 range.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 20-12-2021
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.
TUMULTUS MKT-DOES NOT MAKE ANY DIFFERENCE!!(continuation)Anyway after few days of wayward behaviour mkt is likely to be calm with upward bias tomorrow. Explained on the chart. Buy on break of today's high with proper RISK management. DISCLAIMER: This are my personal view-not trading recommendation. N.B.:Don't forget the "LIKE" button. ALSO don't forget to go through the attached link to related idea
Simple Trade Setup | INFOSYS | 17-12-2021 [ INTRADAY ]NSE:INFY
Observations:
1) On 1day time frame, today it closed above triangle pattern and it was breakout with increased volume.
If it sustain out of this trianlge then we can see good upmove.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 17-12-2021
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.