Chart Analysis of Infosys Ltd (19 Dec 2021)Box breakout done on weekly basis.
Book as per your conviction.
SL : 1750
Only for educational purpose. Not a recommendation.
I1FO34 trade ideas
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.
Infosys near previous high resistance of its range what next??self explanatory chart at resistance .
support resistance level of its range .
posted as to lshare learn and inhance techmical and chart pattern analysis.
market always risky
confirm at ur end techno funda before any action.
INFOSYS infosys recently gave nice vcp foot print range breakout
there were 4t base and after 4th base breakout happen
support for the positonal trade will be 1720-1700 range
breakoutdownward sloping trendline is broken with volumes and indicator support from RS and RSI, now upward sloping trendline could act as a support.
Diamond Pattern breakout in InfosysInfosys breaks out from a very rare diamond pattern on a daily time frame. The volume chart also indicates the buyers' accumulation over time.
Currently, the stock moves up taking support from its 50 Ema, and can be a potential upside candidate.
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
#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
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
