INFY/N trade ideas
Infosys can fill the gapYou can make a position in infosys for very short period. It can fill the gap. Target 1750. S.L. lowest candle weak
botton pick stocks : 5th June 2022explain the meaning of the bottom pick and how to trade in such stocks
INFY more downside below 1518- Intraday LevelsIf INFY crosses below 1518 on Monday then a spectacular fall would be seen after a sweet pullback to one of the 10,20 or 50 EMA trending downwards.
The supertrend is also showing bearish signals.
As visible on the charts, the 10 EMA has crossed the 20 EMA , looking at the direction, a fall is expected as the trendline is also broken on the downside.
INFY LONG (1-2 Sessions)Only by my knowledge infosys go long for 1 or two session by breaking inverted head and shoulder confirmed patterns
INFY is at short term resistance zone1) consolidation Pattern
2) Gap , if breaks upside we can witness a short covering
3) Today market sentiments are good (supportive market)
4) overall sector looks bullish at least in intraday.
note: very short term view
LONG ON INFOSYSNSE:INFY
According to prices action
If prices come across or breakout from 1565 there will be great swing trade till 1670.
There is also an important point to note there is gap to filled which was missed on 18 on earing day which is quartely result day .
this is for educational purpose,
Infosys - 31st May 2022Stock Bouncing off Medium term Support Levels of 1400/1300.
For Upward bias, stock should continue to hold these levels.
#Infy cash : Long only above 1530.10#Infy cash -Positional call
30 May 2022
Looks good above 1530.10 and
dips 1510-1512
stoploss 1490
Target 1580-1600
Cmp 1526.80
Infosys Go Long On regression rend, it has made bottom at the low and it is poised to move North. Any closing above 1489 then it will fill the gap on daily chart .
Price action strategyIt's almost done 1/2 risk reward ratio its perfect for making a day in a traders life.
Infosys AnalysisAccumulation phase has started. Institutional investors have started to buy the dip.
Professional selling range:1708-1920
Buying range: 1590-1640
Hold Period 3-6 months.
Target: 1866(Fibonacci Retracement)
Rational: Accumulation/Distribution Technique, Price below 50 Day Exponential Moving Average
NSE:INFY
Infosys Chart Analysis !!📈 Infosys 📉
My Findings :-
1. Breakdown of Strong Support Zone of 1660-1680 with GAP.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. But IT Index at Support. To get more confirmation can be waited till IT Index Breaks down. Check IT Index Chart below for reference.
Bias- Short
Target- 1541, 1441 and 1313
SL- 1760
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Cautious !!Earlier support line is acting as a Resistance line.
Enter only when Resistance is broken for target 158, though momentum shows uptrend, Short term trade to be done on caution.
#INFY - HARMONICS PATTERN#INFY - BEARISH REVERSAL HARMONICS PATTERN
CMP : 1455.15
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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BULLISH HARAMI PATTERN IN INFY.As one can see, there is a bullish harami pattern in nifty which means one can go long in INFY keeping the stoploss below mother red candle low or 1400 as per your risk appetite, with a target of 1540 which is almost 1:2 RR.
Be quick and agile in booking your profits as this is still in a downtrend and the global scenario is still the same.
There is positive RSI divergence as well, which indicates there is a slowdown in selling.
CURVED TREND LINES AND support and resistance zones its aa consolidation period now, breaking the trend lines its going in that direction. looks positive momentum
Infosys Expected Bottom Out levelInfosys Expected Bottom out level 1430 to 1290
concentrate in this level
See Infy to stabilize @1380 - 1320 zone in upcoming days.nifty it can drag nifty a bit more in upcoming days.
Where is the bottom? 1300 may be ?Long term trend line restest
A breakout below 1480 . Can bring it done to 1300
Infosys trade setupGo long with $INFY shares at current market price, SL on closing below 1532.30 and target 1780/1800/1850.
Infosys log side viewInfosys long side view
12 point up move possible
Please follow my sl
God bless 😊😊
