Infosys is making a Double Bottom chart patter at DAILY CHART. Made a Hammer Candle on 4april and made another 2 candles under it, good RSI divergence, probability of going up. For my learning and digital records purpose only.
Fib retracement, fib extension pointing towards 1395 for a bounce.
I have analyzed and prepared the chart using trend, Gann level & price waves. Price has tried bounce back last week. But it has respected the resistance line and it returned downward. Green apple is the target. This is for study purpose only not recommendation.
I have analyzed on the basis of recent trend and pattern lower low and lower high. Apple is the target.
Long swing trade in infy Entry above 1513 daily closing basis SL 1475 daily closing basis Please refer the image for targets have a profitable trade everyone.... :)
Price price breaking the resistance zone now resistance become support area price near Fibonacci retracement level, 61.8% . This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
With 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.
📊 DETAILS Sector: IT Services & Consulting Mkt Cap: 624,227 cr Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS. TTM PE : 25.10 (Low PE) Sector PE : 34.35 ...
Infosys Chart Analysis with Targets Infosysy Given Breakout above 1560 Level , But Price not sustained & Breakout Fail . on Weekly Time Frame . Down Side First Target is 1470 First Support Zone - 1346-1375
INFY is making Ascending channel pattern at Daily chart since April 2023, at a Good Support. Also making Double Bottom at Daily chart, Hammer candle on 4april, 9EMA rule is also working. Now chances of going up from here but need a strong green candle at 15min chart to confirm the same. For my learning and digital records purpose only.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Here I have analyzed the Infosys stock based on last month data and its price movement. It contains trend line and different level to watch for in coming days or week.
Here I have analyzed the Infosys stock based on last month data and its price movement. It contains trend line and different level to watch for in coming days or week.
INFY Weekly Chart is Looking Very Bullish. Expecting Good Momentum in Coming Days. This is just for educational purposes and to understand how technical analysis works.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Reason for long a) Mr.14 Set up b) Engulfing candle with volume c) Super vwap set up d) Good risk reward zone e) Consolidation breakout f) SL compulsory
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...