INFYBullish view in INFY.
Entry-cmp-1587
SL- 1568
Target-1795(13%+ return)
Time- Short to Mid term
RR-1:10.5 (worth taking risk)
Trade with your own risk.
INFY/N trade ideas
INFY this weekInfosys fall from resistance level, according to me it will be bullish from the very first support line i draw and go for a bullish run.it also make a bulish trend highs and lows ..i forgot to draw..i know you will caught it .....for this week this stock is bearish....so try to got short opportunities while trading & plss suggest me in comments which stocks analysis you want ......
INFY BUYING ZONE ACTIVATED FOR SWING / SHORT TERM Buy Infy
Purely technical analysis and price action
Stock is making higher highs and higher lows . Gave a trendline breakout and having decent volume buying . Stock sustained above 200 Daily moving average and heading upwards . These parameters giving little conviction to go long for short term swing .
INFOSYS case studyINFOSYS AT 1590 levels is around strong supply zone,
Descending parallel channel resistance around 1610 levels
Horizontal resistance around 1602 to 1630 as per previous swing high levels,
Bearish divergence on RSI with respect to price,
Bearish wolf wave formation, where price are trading above the structure formation which indicate overbought situation ,
counter might face strong resistance in zone of 1600-1630 levels ,
which should be used to exit long position if any,
now fresh investment in this counter above 1670 levels on daily closing basis
Down side counter can give retracement till levels of 1500-1480 once reversal is confirmed.
Time to be cautious in this counter.
Infosys Analysis Based on angle trend infy will move 1900+ once breakout 1950 it will be move till 2300 - time period approx. 180days +++
good stock - buy on DIP
Note:
risk rewards and everything left to investor, whether, why & when to invest; I am sharing on my self interest for educational purpose -
INFYAlways follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading
Infy Short term Long 15 daysInfy long if brake yellow cloud in day close Target 1623 - Nov 22 expiry
if brake 1623 on close, make a new high towards 52-week high for year 22 earnings result
[1H] INFY on Step Down for SometimeSMA acts as Resistance area which confirms Trendline.
Strong Support at 1475
Infy can rise upto all time high !!Infy can rise sharply
Positive setup
expecting rise till 1900
if cross and close above 1625-1635
NIFTYIT index keep on radar
INFY - Infosys Ltd - Intraday Levels for 28 Oct 2022INFY Intraday levels for Tomorrow..
Support and Resistance Zones - When price breaks the zone, Support zone will become Resistance and Resistance zone will become Support.
Refer the chart for detailed Intraday Support and Resistance levels.
Happy Trading!!
InfyBuy back will provide support to this stock if 1430 levels come then it will be very good level to add
Infys bullish viewIn daily timeframe Infy has clear Double bottom formed, hourly timeframe trendline breakout and parallel channel created. So bullish view expected further days in infys
Infoy bullish viewIn weekly timeframe Infy has clear Double bottom, 1hr timeframe trendline breakout and parallel channel created. Totally bullish view expected further days
Infosys SHORTReasons for Short as follows:
1) Classic Head & Shoulder Breakdown Pattern
2) Price trading near 52 Week Low Zone
3) IT Sector is the Weakest and Leading the Bear Market
4) Global Recession means Slowdown in Revenue for these IT Companies
SELL Weakness
Stop Loss above 1420
Targets:
T1= 1320/ 1300
T2= 1250 ish zone
#INFYNo Overlap on Daily Timeframe and a ride of Impulse
Crossing 1521 can make a swift ride towards
1574 / 1586
IZ Support at 1410.65 - 1430.35
Positive divergence in INFYSpotted positive divergence in INFY. Highest call unwinding from strike 1500
INFOSYS CHART ANALYSIS FOR 14-10-22INFOSYS Chart Analysis For Tomorrow, My View is Bullish For Infosys
NSE:INFY
INFY 1H chartInfy 1H chart, if breaks below 1482 good to sell, start of minute wave5, please also refer to below daily chart analysis of infy.
INFY can go bearishINFY is going down in Channel expecting wave 5 to go near 1354 & then 1278. if the price breaks the invalidation level (1465) then the whole markings are invalid.
