Infosys analysisBO can happen because the volume is supporting the price movement.
Good RR we can catch here.
IOY trade ideas
Bullish view on : INFYNSE:INFY
Let see the price action = ascending triangle pattern formed + good volume
1 target = 1650
fix your stop loss as per your R:R.
let tell your opinion in comment section.
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INFY - LONG - 10% upside potentialINFY has given inverse head and shoulder pattern breakout at 1530-1540 levels.
Can look at initial target of 1680+ levels.
Usually this pattern is formed at the bottom on downtrend which depicts trend reversal, so it is good to buy INFY for investment as well for ~6 months horizon with recent high of 1900 as initial targets.
Inverse Head and Shoulder PatternThis is 1D timeframe.
Infosys have formed a inverse head and shoulder pattern with a morning star at bottom in head.
Last three days, 2 good bullish candles, but the volume is average so I need more confirmation to initate the trade.
Will wait to get a closing above 20th July candle with volume support.
Then I can target the 1660-1670 zone.
I can keep stoploss below neckline to gain good RR ratio.
This post is for information purpose only.
INFOSYS UPDATE Please Refer to my previous analysis on Infosys to get an insight and a detailed analysis on this updated opportunity, with target levels marked.
Keep It Simple
INFOSYS ready for bull rally. INFOSYS chart indicating bull rally by forming INVERTED HEAD AND SHOULDER pattern. One thing to notice that trend reversed from its Fib retracement golden ration 0.618. Breakout with high volume needed above 1517-1520 to keep trend continue.
TARGET 1677
SL 1405
Infosys is in uptrendInforsys is moves in uptrend As Per My technical analysis the first target is 1650 and once it will crosses the next target will be 1750-1800
INFY - 1D chart analysis Checkout..!
INFY - 1D chart analysis
Once the consolidation phase breakout- market moves bullish and it have chances of gap filling
LONG INFY if closes above 1545 Inverted head and shoulderNIFTY IT seems to give range breakout and infy is forming an inverted head and shoulder. Lets see where it goes
Infy - Looks extremely positive As seen on the charts, Harmonic pattern and MA's indicate an correction to 1650 levels.
This is my view and for education purposes only.
#Infy cash : Looks good resistance @1540#Infy cash -Positional call for 1 month
21.07.2022
Looks good resistance @ 1540
Sustain above 1540
Target 1590-1600/1640
Stoploss below 1500
Cmp 1532.90
Major Resistance Breakout In Infy Daily ChartOn 20-07-2022, we can see breakout of recent resistance, Supporting to that now we can see good candle is forming , morning it retested its previous resistance , which now turned as support. For the confirmation it should close above 1526 level today(21-07-2022).
If you watch properly we can see head and shoulder pattern and its neck line also broken.
Which is supporting for upside movement.
But problem is only with its zone. Now it has a potential to reach 1554 range. If it broke that level properly then only we can see Upside. Gap may act as major resistance. Once it break that it will go till 1732 range.
This is just a view not recommendation to trade. Do your own analysis before taking trade.
NSE:INFY
Infy: Results, Chart set up and trading strategyInfy
With results round the corner, let us see important levels for the stock
- 1562-1565 is crucial level to watch out for
- 200 day EMA is currently around 1596
- 1618 is another important level on the upside which might act as resistance
- on the lower side it would be important for Infy to hold above 50 day EMA currently placed at 1498 level
Given the set up one may consider to sell 25 August 2022 expiry 1600 Call option. It provides yield potential of 9.5% approximately and covers risk for a rise in stock price up to 1622 till 25 Aug expiry.
Take care & safe trading....!!!
INFY may crosss the trend line.In the chart,pitch fork,channel,and trend lines have ben shown.
Infosys will be declaring its result on this Sunday.
It may touch and cross the uml of the pictch fork.
and may break the downward sloping trend line .
This is my analysis only not any trading recommendation.
some recovery of beaten down IT stocks are expected.
stochiastic just coming out of oversold zone.
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Please go through my previous posts of relaince and tcs
InfosysIt looks like before earning, Infy will Bounch back as Nasdaq is on high side 250+,
Infy will Move up to 1550, 1570 as for Target.
infy trendline 15 min chart analysis for swing tradeinfy trendline 15 min chart analysis for swing trade in hindi
infosys daily time frameRSI good looking buy side after a long time..........
VOLUMES are INCREASING + after NECK LINE BREAKOUT ,,it moves 1680 LEVEL.....
Infy - ConsolidationPrice is inbetween support & resistance. Usually when we see a triangle pattern price consolidation, we expect a break out, some times fail to notice the near by support/resistance.
Support zone is 1400 - 1410. Resistance zone is 1440 - 1450. At what level you have the advantage as a buyer? support zone. At what level you have advantage as a seller? Resistance zone. Can you buy or sell at the support/resistance ? No, after getting the confirmation only we can initiate the trade.
This is the analysis & the trading opportunities will be updated in live market. You can share your trading plan in comment section.
Infy It Looks that Pannet Pattern formed...
First Target 1520
Second Target 1600 if with stand above 1560.
Just for understanding,
Trade on your own Risk.
Swing Trade (Infosys)After a Trendline Breakout and retest, Seems like it is ready for a up move.
Since market is not giving a clear direction, it is preferred to have a strict SL of 1430.
Target for this trade are 1515(RR 1:1.8).
Target and SL are small because Nifty is consolidating in a range from last 4 trading sessions also facing resistance at 200EMA(daily TF).
INFOSYS Descending triangle Bilateral pattern structure formed, wait for the trend line resistance level breakout or support breakout after entering the trade
