IOY trade ideas
Facing Strong selling pressure INFY is facing strong selling pressure at higher levels after a gap up opening if it breaks the support level then it will be difficult for infy to go up so keep eyes on INFY for any movement.
Disclaimer:- This for educational purposes only do your own analysis before investing hard-earned money.
INFY Breakout Retest on 30mINFY has exhibited breakout of its range and the stock closed today with retesting the breakout level on the 30 minute time frame. We will keep this stock in watch list for tomorrow, 22 Sep for a possible continuation in the direction of the breakout.
INFOSYS LTDINFOSYS LTD Bull Trend Started so i am Expected more bullish movement.(Buy =1700) (Stop Loss =1660) (Target= 1715,1757,1780,1800)
Infy Buy 1773 T1 1790Please use trendlines for resistance and support. Do your analysis before taking any trade.
INFY showed a move with a breakoutThe infosys has given a breakout from the previous swing with a volume above the average, however there is a slight problem in the formation which is the the candle pattern, it is long but it is not as strong to make a trade enable. good closing either today or tommorrow will decide the trading initiative.
Like if setup seems WORTH!!!!! NSE:INFY
Infosys trading idea it given breakout on daily candle.
RSI also pointing upward and showing strength in move
volume is almost equal to the previous day.
Infosys Chart analysisPlease do your analysis, this is not a buy call. This analysis is completely for educational purpose
INFY Possible upside on consolidation breakoutAfter consolidating in a smaller range, breakout seen above 1720, now we might see another 10% upside rally..
INFOSYS BREAKOUTInfosys breakout in bollinger bands. price closed out of the band squeeze today and also crossed a resistance. can go long for given targets.
INFY Buy 1745 T1 1755 T2 1775Please use trendlines for resistance and support. Do your analysis before taking any trade.
INFY bullish pennant breakoutINFY looking good for long term ....gave bullish pennant breakout and can give 10% move in coming days
INFY - Cristopher Nolan PatternINFY has been trading in the range 1665-1755 for almost two months. It has given some move on the upside, although it hasn't crossed/closed above ATH. MACD crossover is at the inflexion point, meaning signal line is about to cross, may be tomorrow. Also, there are multiple reasons why this is a good long candidate.
4) It is trading at 15% discount from IT index, its peers.
3)Has consolidated for a good two months
2)W pattern
1) Cristopher Nolan Pattern --- W inside a W
Everything you need to know is in the chart.
In short term: The first target is 1807 and second target is 1857, keeping it sweet and simple, although it has potential to cross 2000.
Disclaimer: The information provided herein is for educational purpose. Please consult your financial advisor before making any decision.
If you like the idea, give me a thumbs up and share it with others. You can choose to follow me too.
Comments and Criticism are welcome.
