NSE:INFY trading @ resistance !!NSE:INFY
#NSE:INFY trading @ resistance, Potential levels marked on chart for LEarning.
Do ping me in case of clarifications.
Details under this chart available.
INFY trade ideas
Infosys LONG as well as SHORT opportunitiesInfosys has tested the support of 1700 to 1660 many times, thus this becomes a crucial level.
If this supports get broken a nice short trade can be initiated on the downside.
if it broke above 1770 after a pullback it can continue its trend on the upside.
It is necessary that structure of broader market improves for any stocks to head higher in the short term.
INFY- Ready For A Breakdown#INFY
Sell-Below 1650
Sl-1700
T-1510
#INFY- The stock has made a bearish setup in the higher TF. It has made a Head & shoulder pattern in weekly TF. Trading almost on the neckline. Along with that the stock has made a descending triangle in daily TF. This stock is untouched in the current Profit booking since Oct 2022. Stock is ready for a new price structure in weekly TF below 1650, target will be till 1500.Then we have to see price action weather it will take a U turn from there or it will continue.
Idea is invalid above 1800. So plan your trades accordingly.
Simple Trade Setup | INFOSYS | 07-03-2022 [INTRADAY]NSE:INFY
Trade Setup for 07-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
SWING SHOT FOR INFOSYS !!!!<#MONDAY#>
<#SWING-TRADE#>
@VK2413
NSE:INFY
{
INFOSYS is at its best support zone...
have it now in your portfolio..
for a few months you will feel it's potential..
IT sector is making news too..
GO WITH THE FLOW....
LEVELS are given in the charts for swing shot😉..
}
Fallow @VK2413 ,like❤️,Comment✌️,Share your view too..
short term buy ideaHourly chart analysis
short term buy idea for infy
watch for triangle breakout
buy above trend line
InfyInfy CMP 1729
This is possible structure I am seeing in infy from the top
wave B has been complex
so red horizontal lines are area where I am expecting price to go and reverse ..
If I see reversal in those levels,
I would be Wave A would be broken ...
Chart is for study purpose only!!!
break out tradeI am very comfortable to deploy 10% of my capital on INFY at the price of 1750 on the date 16 FEB 2022. At a stop loss of 1665 it is about 5% SL which is 0.5% on my capital and wait for 1900 to book my profit.
TRADE BOTH SIDE : INFY (BULLISH/BEARISH)#INFY
Head & Shoulder
#HeadandShoulder #bearish
Trade Style : Support/Resistance
1665 ~ 1650 strong supply zone
CMP : 1695
SL 1640 (closing)
TGT (Up-side) 1735 / 1774 (ST) ( if rebounds from support )
TGT (Down-side) 1580 / 1415 ( if support breaks )
Infy gopinathits a tecnical analysis for a long...when the price Breaks the upperside Price engagement area V can Buy.....
Important support point for InfosysIf closes below the neckline, it can be more pain for the investors as H&S pattern will be activated.
Pattern breakdown may see a big fallAfter the recent fall, Infy has formed a Pattern breakdown - Price went below and managed to move inside the pattern. The next direction depends on where it closes today, inside or outside the pattern.
The fall may be big if it closes below the pattern. The target could be at 38.2 Fib retracement level. The correction should happen for the rally Infy has seen for the past 2 years. However the 2 major support level before it reaches the target downside.
INFYINFY
Post a down moves has been consolidating in a range.
staying below 1700 trending moves may come..
Use pithfork for future support and resistance,
INFOSYS ... another swing in makingAfter weeks of under-performance, Infy seems to be gearing for a upmove, once again entering the same old rising parallel channel, keep watching this chart
And as always do not enter any position without own study
#DYOR
Infosys Ltd - Inverted H&S with Buildup at ResistanceHi Guys,
Infosys has formed inverted H&S with Buildup.
Buy - CMP
Target - 1845
SL - 1715
Disclaimer: Kindly do your own analysis before executing the trade.
Infosys Swing Trade...Infosys broke out of a trend line after having been consolidating for simetime in VCP pattern. Going long now could ptentially privide good returns, untill the swing high of previous time...
INFY SWING TRADESYMMTRICAL TRIANGLE formation in INFY. we can enter side after its break .Targets are mentioned in the chart itself.
Is this the end of an uptrend in INFY? When the head and shoulders pattern happens during an uptrend, the price rises and then pulls back (lower), forming the left shoulder. The price rises once more, forming a higher peak known as the peak of the head. The price falls once more, then rebounds to a lower peak, establishing the right shoulder.
Swing lows occur when the price falls after the left shoulder and the head. A "neckline" is formed by connecting the swing lows with a trendline that extends off to the right. When the price falls below the neckline, the pattern is complete, and the price is likely to continue falling.
The entry opportunity on a head and shoulders pattern occurs when the price breaks the neckline.
so bears are ready to shortto be honest , market is no longer in bullish sentiment so it is good to take small put position on last stand sector.. "THE GREAT IT-SECTOR",immediate targets are 1667,1650, and if bears are really hungry then 1585 is not so far, because no big houses will buy infy in 1600-1800 range and retailers and some small operators cant hold this BEAST on this levels..
lets see, what happens to this guy
Buy Infy Morning star pattern on support.
Can add on dips near 1700 also good option. Support 1650 on closing basis. Tgt 1950++
Small risk. 👍
InfosysCompany:- Infosys Ltd.
Sector:- Information & Technology (IT)
Buy @ 1650 - 1700
Stop Loss @ 1590
Upside Target @ 1850 then 1950
Time frame:- For 2 months prospective
Technical:- On the daily chart there is multiple support zone and a 200-day moving average of around 1650 level and the stock fundamentally looks good. So if you are interested you can buy this stock for 2 months prospective.
Disclaimer:- Before taking any trade do your own analysis or consult your financial advisor.
