INFOSYS LTD. BSE:​INFY

Buy above 661.5, Target 674, SL 652 On the 15 mins chart :- RSI (14), crosses 50 MA 7 crosses 14, indicating a bullish trend MACD shows a positive move too. This is my own analysis, please do analyse before setting up a trade; Also this is an intraday trade.

SL is very near to entry pont and its rare phenomenon happen so watch it closely.

PURE S&R STUDY AS PER MY VIEW..........SHORT UPTO 600...

after a upmove, stock consolidated in triangle then gave a breakout

We can wait for the prices to come to the entry point and then we can enter the trade after Bearish candle near the Entry Level :)

Wait for volume to break. Observe only volume indicator as momentum indicators does not work better in sideways price movements. Wait for breakout with good volume.

It is been observed on the hourly chart that the price action is firstly forming a U shape Cup consolidation followed by a downward correction channel, Handle and now breaking above that zone which is indicating a bullish move ahead. T1- 940 T2-960 SL- 900

1. Strong support in 988 lvl . 2. Completes gartley if it touches1010 in daily chart. 3. So looking for a breakthrough. Tp-1010

It is been observed that the price action formed a bullish hammer candlestick pattern at the trending up channel indicating a further move up. It took a strong support at 1000 levels. Target: 1030 Stoploss: 995

infosys double bottom break out around 1031 for a target for 1065/1071 with stop loss of 996

INFY - Hidden bearish divergence

Infy has come back to its strong support zone of 900-930. Risk reward is favorable at this juncture. RSI is showing clear divergence on weekly charts. Other stocks in IT sector are already showing some strength. Since results are out of the way so no strong reason for institutions to sell it at this level. Go long with strict stop loss of just below 900.

On the INFY Chart, Price have broken out the cloud; while Tenken and Kijun do not provide any clue on the trend or momentum. Looking at the chart, reading it along with Chikou (still negative); we can be in for a set of mixed bag of results for INFY tomorrow morning. It's better to avoid any position for this quarterly result.

It is been observed on the hourly and daily chart that the price action breaks below the descending triangle indicating a further move down towards the next resistance levels. Target 1: 955 Stoploss: 975

as we can the dark cloud cover there and bearish divergence there and price below 8 ema

RSI is bouncing of the bottom trend line. RSI has to cross 50 level before we enter the market. Buy signal will be generated as soon as RSI crosses 50 level Script should be sold as soon as it reaches near top trendline in RSI. If It breaks the top trendline than the scipt can be bought again. Please follow money management rules

short the stock and gaps act as resistance

History Repeat itself again and again. As per Fibo it will go up till 1100 Buy again at 907 & hold it 1273 Good Luck . . .