INFYC trade ideas
Infosys _ Bullish Gartley PatternInfosys _ Bullish Gartley Pattern
Infosys _ Bullish Gartley Pattern
Buy from CMP to 1700 SL 1660 TGT 1889Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Infosys Positional Swing Trades Set-upInfosys is creating a Bullish W-Pattern in its Day Chart Time-frame with successful creating Double-bottom pattern but it is unable to break the Resistance Point at 1806 Mark. If it breaks 1806 level, a clear Buy-Swing Positional Trade needs to place with the desired specific Stop Loss & Target Price.
Risk : Reward = 1:1
We can also see if it crosses its all-time-high level around 1850, Again a buy signal has been reflected with the Target Price of 1900 with the desired particular Stop Loss at the top of the Resistance Mark. At 1900 Mark, the RSI will also touch its 70-mark (Standard) which also makes a perfect trade.
Risk : Reward = 1:3
Infosys- Next target 1808Infosys has taken support and closed above 20EMA -showing strength with a long tail below. With retracement possibly over, it could power ahead to 1808 as first target, 1835 as the next target and onto target3 1888 (targets marked on chart). So will we see the TCS rally then? Let's find out next week. (Target calculation-> weekly pivots)
infy1792 would be an important level for infy to breakout, continuously 3 days it tried t break that level, once its broken and infy takes support of that level , can see a good rally in it. however on down side can seek its 1st support at 1763 and then 1729 if unable to break.
Sell below 1786 SL 1800 TGT 1772Suggestions are based on my analysis only. Please do your analysis before taking any trade.
INFYINFY
at support
but price below 20 and 50 ma
20 ma about to cross 50 ma downside
short below 1660 hourly closing for positional targets of 1589 and 1530
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
Simple Trade Setup | INFOSYS | 11-11-2021 [ INTRADAY]NSE:INFY
So far, all the levels are working perfectly as per given in previous trade setup.
Most of all the Levels and trade setup remains same as per previous.
Trade Setup for Date 11-11-2021:
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.
infyi buy infosys 1736.
target 1760
sl 1727
u can enter a current price target and stoploss is same.
thank u friends
purely intraday trade.
Simple Trade Setup | INFOSYS | 09-11-2021 [ INTRADAY]NSE:INFY
Observations:
1) On daily time frame, we can see that it took good support from 21DMA and closed above it.
21DMA is placed at 1722.12 level.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date 09-11-2021:
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 Swing (Long)Infosys has corrected/ fallen around 10 % and trading around Major SUPPORT Zone. We can anticipate
-->It has tested the support zone more than 5 times, expect some reversal as per fib.
-->Head & Shoulder pattern has completed it's depth zone. Keep a watch on neckline for reversals.
-->Analysis is for next 2 or 3 days. Expecting 20 to 40 points up move.
-->Good time to buy on dips in small quantity as portfolio stock.
(Education purpose. Consult your advisor before taking trades)
infyi m looking for short opportunity.
if price breakdown 1650. i will short infy.
thank you. good luck guys.
i will also publish ideas on live market time . so like and follow.
Simple Trade Setup | INFOSYS | 02-11-2021 [ INTRADAY]NSE:INFY
Observations:
1) On daily time frame, we can see it has been taking resistance from 50DMA.
50DMA is immediate resistance and placed at 1711.50 level.
Please refer below chart : 1 day Time Frame.
From chart we can see that range of 1710-1720 is critical resistance zone.
Sustainable breakout of it will make it bullish again.
Please refer below chart : 1 day Time Frame.
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Trade Setup for Date 02-11-2021:
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, 1hr. Swing TradeJust placed my idea in Position drawing.
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Entry
Green: Take Profit
Red: SL (close basis)
Infosys Swing (Short)Infosys has fallen from All time high and undergoing correction cycle
-->Firm Support at 1660 level
-->Favorable risk & reward ratio (1:2)
-->Might retest the strong support region
-->Along with the trend
(Education purpose. Consult your advisor before taking trade)
Infy at supportInfy is sitting at a good support point. Lets wait and see before entering a trade. Considering the potential of the stock it should go up, but market is the king, so I am not predicting anything. Infy has major contribution in Nifty. If Nifty starts to go up from the current level, Infy will also follow. Buy at dips for good future investment. #infy
price action analysisno indicators used
simple price action trading
chart pattern
support zone -draw using it by parallel channel always as support can be zone or sometimes just using lines
supply zone-horizontal rectangular area where everytime price bunces back
targets
Infy: Chart set up and trading strategyInfy
Observations
- multiple resistance seen between 1745-1820
- line of resistance level around 25 Nov is around 1855
- support around 1667
- major support around 1600-1592 levels
For any cash buying decisions, that's the zone where risk::reward ratio looks most favorable
_______________________________________________________________________________________________________________
Given the set up F&O strategy that may be considered
- Sell 1840 Call option
Yield potential 9-10% on margin requirement
Risk of stock reaching 1855 by Nov expiry is factored in the strategy.
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
BUY Infy for Target 1815 - 1820 Buy INFY .. breakout & Resistance Breakout on Hourly candle BUY INFY ...
