Infy Rounding PatternInfosys has formed rounded pattern and ready to breakout.
Please note that breakout would be determine only when closing is above the neckline with above rising volume. We prefer clear breakout.
INFYC trade ideas
Infosys Near AllTime High Is a Downtrend Ahead in INFY ?"
With technical signals such as weakening momentum and possible resistance at these heights, traders are questioning if it's time to lock in profits or wait for further upside. Could this be the start of a corrective phase? As always, analyzing the patterns and staying updated with market trends is crucial.
Stay informed, stay ahead!
VIEW ON INFYStock consolidating in a range since many weeks
If after the results stock crosses and close above 1975 on weekly basis then more up move possible
Target 2000/2150
Stop loss 1885
I am just representing my views
For educational purpose only.
INFY: Consolidation near ATHThe stock is consolidating neat ATH where as overall IT sector is on the up-move.
This stock is just gathering all power to break and sustain it's ATH.
Till now there is no closing above the consolidation but once it is there, this stock has all potential to move up to 2500 levels.
DISC: The publication idea is just a technical analysis and should not be considered a buy or sell recommendation. Please consult your financial advisor before taking any trade.
INFOSYS vs DIVISsimilar chart structure with HH HL can be seen here, price is in uptrend with long term breakout seen on charts
Upcoming Trade set upFriends i have made an detailed Chart on the stock INFY
Now this is my personal view based on which i would call it as
Upcoming Trade set up ,
One can wait for pattern to complete before placing a Trade in Cash market
This is education content
if you like this click like and share it with others
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Infosys ready for Flag pattern breakout in coming daysNSE:INFY Ready for flag pattern breakout in coming days
Consolidated pattern since many days now ready for breakout in coming days
Follow for more trading signals or analysis.
Target 10% approx
Stoploss 3%
Do as directed in the chart
This is not the trading recommendation or advise 🚨
Do your analysis before taking any step.
Tomorrow focus on Infosys 1945-1950 possible in 1-2 days Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Analysis of INFOSYS LTD (INFY) Chart (4-hour timeframe)
Analysis of INFOSYS LTD (INFY) Chart (4-hour timeframe)
Price Movement:
The stock is currently trading at ₹1,908.70, showing a slight decrease of ₹1.70 (-0.09%).
A sharp downward movement can be observed, with a significant drop of ₹75.15 (-3.84%), followed by a recovery attempt of ₹63.00 (3.30%).
Recent Drop and Recovery:
After a significant drop of ₹75.15, the stock has shown a rebound, rising by ₹63.00.
This suggests a potential recovery, but traders should be cautious about the next few candles to confirm the strength of the upward trend.
Cumulative Volume Delta (CVD):
The CVD indicator below the price chart shows a slight positive value, indicating a mix of buying and selling pressure.
The CVD bars reflect increased buying interest, which aligns with the recent recovery in price.
Support and Resistance Levels:
Support can be identified near ₹1,867, which was the lowest point during the sharp decline.
Resistance could be faced around the ₹1,950 - ₹1,970 levels, as the stock previously faced selling pressure in this region.
Conclusion:
INFOSYS has experienced a significant price fluctuation, with a sharp drop followed by an attempt to recover.
The buying pressure seen in the CVD suggests that there is optimism among buyers, but caution is needed to see if the price sustains above key levels like ₹1,920.
Infy bullrun about to beginInfty will become very strong ones give breakout of 1600-1640. Poll and flag pattern consolidation since long time now. If IT rally begins this elephant can ruin all the bushes. Keep an eye, will update here.
Infy testing 2 and half year old resistanceInfy is currently testing a significant resistance level from two and a half years ago, presenting a key opportunity for a potential breakout. The stock is forming a rounding bottom pattern, which could signal a shift from consolidation to a bullish trend if it successfully surpasses this long-standing resistance. Traders should closely monitor the price action around this resistance zone, looking for a strong breakout accompanied by increased volume to confirm the pattern and anticipate a potential move higher. Any failure to break through or signs of weakness around this level may suggest a need for caution.
Rounding bottom breakout in Infosys monthlyInfosys has formed rounding bottom pattern on monthly time frame.
Entry can be made at CMP 1950 for short term purpose and buy on dip till 1800.
SL - 1700
Target 1 - 2070
Target 2 - 2240
Target 3 -2500
# INFOSYS Infy chart looks not good.
One can do their own analysis.
Note:-Its not recommendation to buy or sell.
Breakout after 3 yearInfosys can give a all time high breakout if closes above marked level and retest properly
Infosys ATH breakout , seems good for long.Good volume in last few weeks.
Add to watch list and Keep eye on it.
INFOSYS LONG TIME RESISTANCE BREAKOUTInfosys breaking long time resistance
weekly basis with good volume building up
trading at ATH after 2022
#target 2100 sl 1780
EDUCATIONAL IDEA
Ascending Triangle Breakout giving target 3000On a daily time frame Infosys is showing clear bull run till 3000 as ascending breakout is observed giving TGT 3000.
INFY -Cup and Handle BO wklyINFY-Cup and Handle BO wkly
Name - INFY
Pattern - Cup and Handle
Timeframe - Wkly
Status - Breakout with good volume
Cmp - 1943
Target - 2279
SL - 1731
Fundamentals:
Here are some key financial ratios for Infosys Limited:
Price-to-Earnings (PE) Ratio: 29.871
Price-to-Sales (P/S) Ratio: 5.032
Debt-to-Equity Ratio: 0.101
Return on Equity (ROE): 33.56%1
Net Profit Margin: 11.6%3
Enterprise Value to EBITDA: 19.912
These ratios indicate Infosys’s valuation, profitability, and financial health. The company has a relatively high PE ratio, suggesting it is valued at a premium compared to its earnings. The low debt-to-equity ratio indicates a conservative approach to leverage.
Pattern: Cup and Handle
The Cup and Handle pattern is a bullish continuation pattern often used in technical analysis. Here’s a breakdown of its key features:
Structure
Cup: The pattern starts with a rounded bottom, resembling a “U” shape. This indicates a period of consolidation where the price gradually declines and then rises back to the original level.
Handle: After the cup is formed, a smaller consolidation or slight downward drift occurs, forming the handle. This part typically has lower trading volume.
Interpretation
Bullish Signal: The pattern is considered bullish, suggesting that the price is likely to continue rising after the handle is formed and a breakout occurs above the resistance level at the top of the cup12.
Volume: Ideally, volume should decrease during the formation of the cup and handle, then increase during the breakout1.
Trading Strategy
Entry Point: Traders often enter a position when the price breaks above the resistance level formed by the top of the cup.
Stop-Loss: A stop-loss order is typically placed below the lowest point of the handle or the cup to manage risk2
Analysis Infosys 📊 Script: INFOSYS LTD
📊 Sector: IT
📊 Industry: IT - Large
Key highlights: 💡⚡
📈 NIFTY IT and Infosys charts seem to move in the same direction even so that the chart patters are same for weekly time frames. NIFTY IT (42913) and Infosys(1953) both touched all time high on Friday 30-08-2024.
📈 As per weekly charts of Infosys the stock touched the all time high of 1953 in Jan 2022 and since then this have been a major resistance to breakthrough. Also, if we analyse the 15 min time frame the stock again tested this resistance level on Aug 28th. Considering this we can say that this the psychological resistance for the stock to break.
📈RSI for the weekly and 15mins time frame is in overbought zone and stock is trading above 50 EMA and 200 EMA. 50 EMA being the key support level in 15 min time frame. MACD is also at zero line for 15 mins. Stock has made green candles with each candle closing above the open of the previous candle and with good volumes.
📈 Considering the above analysis we need to wait for next candle and move in NIFTY IT on Monday. If the market moves up then we can expect INFY to cross 2000 levels. IF the stock falls then the key support levels will be 1930 and 1910 levels.
⏱️ C.M.P 📑💰- entry at 1950
🟢 Target 🎯🏆 - 2100
⚠️ Stoploss ☠️🚫 - 1875
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Infosys long term holding from 1385 , Target 1965 , 2050 hugeDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFOSYS - LONGWith interest rates expected to fall in US, biggest beneficiary will be Indian IT industry due to revived IT spending. Infosys is my top pick with tgt of Rs 1900 in next 12 months.
We can consider SHORT TERM INVESTMENT IN INFOSYS.INFOSYS WEEKLY CHART
Indicating a strong Break out from its current supply level; any closing in weekly can give a confirmation for stock may provide potential returns future.
CMP:- 1945
SL:- 1815(closing basis)
Price expectations :- 2,100 // 2,250 // 2425
Returns estimated :- 25% to 27.5%
