#Infy cash : Looks good above 1780.10#INFY Cash -Positional call
16 Dec 2021
Looks good above 1780.10
stoploss 1762
Tgt 1798-1800/1840
Cmp 1771.60
Trade ideas
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.
flag pattern in infosysinfosys is having a flag pattern if market goes positive it will be a breakout
Infosys - symmetrical triangle - near to breakFSP
Infosys is for long time has been accumulating within the range of 1848 and 1649
If it bounces from 1699 and gives a break above then we will be able to see a huge uptrend.
Till, Then wait and watch.
Simple Trade Setup | INFYOSYS | 13-12-2021 [ INTRADAY ]NSE:INFY
Observations:
1) On 1day time frame, we can see that it is trading above 21DMA.
21DMA is placed at 1740.80 level. Which will work as support.
Immdiate resistance is at 1760 level range.
Please refer below chart : 1day Time Frame.
2)Also on 1 day time frame, we can see that it is trading in triangle pattern.
Breakout on upper side will make it bullish.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date: 13-12-2021
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.
Infosys for swing Infosys >> In consolidation phase after an upmove now it is in symmetric triangle, showing a bit of divergence too.
buying possible with sl of 1660 for tgt of 1800/1900++
Infosys looking food for small swing trade 1:1 RRInfosys looking food for small swing trade 1:1 RR. 50 EMA sumpport with trendline support
INFY: BULLISH TRIANGLEUsually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above the level of wave-d. The minimum target of the pattern is just a poke above the level of wave-b and just above the level of wave-3 of the impulsive count. There is also a guideline to predict the target of this pattern which is known as triangular thrust. The triangular thrust is the measurement of the distance from the level of wave-a to the level of wave-b . This measured length should be kept to the breakout level of wave-d to get the target of this pattern.
TRADING STRATEGY:
BUY INFY: BUY NEAR 1740-45. SL: 1690. TGT: 1850/1950
Symmetrical Triangle in the making Infy price movement is in the process of achieving symmetrical triangle pattern which is considered as the continuation pattern. Infy on a different time frame viz monthly chart is still overbought. Infy has been moving sideways. Thus, breakout of symmetrical triangle pattern may lead to continuation
INFOSYSInfosys looks weak, short below 1662 - target 1591, long at 1591 - target1845
one setup two trades ;)
INFY important levels for long term investmentINFY important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INFY ANALYSIS - 6-12-2021image is self explanatory with entry and stoploss
# nifty direction is mot important here
# expected to excute swiftly if direction of nifty is neutral to bullish (little gap down accepted)
Next week prediction for INFYNSE:INFY from 29 september has been consolidating in a decending triangle pattern.
Target for the breakout will be the ATH.
INFOSYS DAILY CHART PATTERN ANALYSIS 03.12.2021INFOSYS as per my yesterday post today achieved the target 1785 Level after making high of 1787. Happy Trading to all
INFOSYS TRADE SETUP ANALYSISInfosys has given a breakout of multiple SMAs all together. It's ready to give a profit of 5-7% with a stop loss of 3%. If the trend continues and it breaks its major broadening channel resistance in the coming days, it becomes ready for a new rally to reach the target of 2109.
INFOSYS DAILY CHART PATTERN ANALYSIS 02.12.2021INFOSYS as per daily chart analysis once the stock breaks 1750 level and above 1755 level then target 1785 is achievable.
infosys will this kite rocket will fall or fly ??views are needed for this chart analysis pattern as long term with levels .
Infosys Ready for Drop 200-400 pointsAny bounce in stock is short opportunity with SL 1809.
Best to wait for confirmation break below 1669 for drop towards 0.236 fibonacci 1530 then 0.382 1330.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis.
Short term trade, H&S BottomFormation of head and shoulder pattern in hourly chart, volume is good and candle is also strong.
INFY..Head and ShouldersINFY forming head and shoulders at the top of rally.
neck line at 1650s is the strong support
if it breaks can send it lower
for now 1650s can be trested
