INFOSYS DAILY CHART PATTERN ANALYSIS 03.12.2021INFOSYS as per my yesterday post today achieved the target 1785 Level after making high of 1787. Happy Trading to all
IOY trade ideas
INFOSYS TRADE SETUP ANALYSISInfosys has given a breakout of multiple SMAs all together. It's ready to give a profit of 5-7% with a stop loss of 3%. If the trend continues and it breaks its major broadening channel resistance in the coming days, it becomes ready for a new rally to reach the target of 2109.
INFOSYS DAILY CHART PATTERN ANALYSIS 02.12.2021INFOSYS as per daily chart analysis once the stock breaks 1750 level and above 1755 level then target 1785 is achievable.
infosys will this kite rocket will fall or fly ??views are needed for this chart analysis pattern as long term with levels .
Infosys Ready for Drop 200-400 pointsAny bounce in stock is short opportunity with SL 1809.
Best to wait for confirmation break below 1669 for drop towards 0.236 fibonacci 1530 then 0.382 1330.
DISCLAIMER:There is no guarantee of profits nor exceptions from losses.
Technical analysis provided on the chart is solely the personal views of my research.
You are advised to rely on your own judgments while taking any investing/Trading decisions.
Past performance is not an indicator of future returns. Investment/trading is subject to market risks.
Seek help of your financial advisors before investing/trading.
Not recommended to take FnO positions based on this analysis
I may or may not trade this analysis.
Short term trade, H&S BottomFormation of head and shoulder pattern in hourly chart, volume is good and candle is also strong.
INFY..Head and ShouldersINFY forming head and shoulders at the top of rally.
neck line at 1650s is the strong support
if it breaks can send it lower
for now 1650s can be trested
RSI > 80 = Overbought Stock RSI is greater than 80. Clearly overbought on monthly candlestick chart. Thus, bullish movement is not sustainable. Omicron, variant of concern has posed as fresh negative trigger. Because revenue in EU region may be slightly impacted in Q3Y22. We have to observe the gravity of infections and its likely impact on revenue in Q4Y22
Infosys - Bearish,inverted cup HandleWhy this Trade..??
Bullish Because...
1.Buy Pressure at Last candle @ Support
Bearish Because...
1.Inverted Cup & Handle Pattern
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Chart made by the market particularly for Investors !The above weekly chart is of Infosys Ltd.
Here the stock price moves beautifully just in between the parallel channel, making higher highs and higher lows.
If one successfully manages to find the chart as above, he can simply buy at the lower channel trendline and sell at the upper channel trendline.
Yes, everything looks wow and amazing after the chart formation. As I do not have access to post chart image in my post here, I have tried my best to show the chart formation from Mar'20 till May'21, which you can see on the main chart, where the stock price moves in between the upper and lower channel trendline.
After identifying the channel pattern, if one had taken the position even on May'21, where the price touched and later bounced from lower trendline, would have made a good 28% in 3 months (Aug'21), where price touched the upper trendline.
Hope the above chart was useful with the information provided.
Happy Investing !
INFY ShortI hope you can now see how INFY represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Infosys _ Bullish Gartley PatternInfosys _ Bullish Gartley Pattern
Infosys _ Bullish Gartley Pattern
Buy from CMP to 1700 SL 1660 TGT 1889Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Infosys Positional Swing Trades Set-upInfosys is creating a Bullish W-Pattern in its Day Chart Time-frame with successful creating Double-bottom pattern but it is unable to break the Resistance Point at 1806 Mark. If it breaks 1806 level, a clear Buy-Swing Positional Trade needs to place with the desired specific Stop Loss & Target Price.
Risk : Reward = 1:1
We can also see if it crosses its all-time-high level around 1850, Again a buy signal has been reflected with the Target Price of 1900 with the desired particular Stop Loss at the top of the Resistance Mark. At 1900 Mark, the RSI will also touch its 70-mark (Standard) which also makes a perfect trade.
Risk : Reward = 1:3
Infosys- Next target 1808Infosys has taken support and closed above 20EMA -showing strength with a long tail below. With retracement possibly over, it could power ahead to 1808 as first target, 1835 as the next target and onto target3 1888 (targets marked on chart). So will we see the TCS rally then? Let's find out next week. (Target calculation-> weekly pivots)
infy1792 would be an important level for infy to breakout, continuously 3 days it tried t break that level, once its broken and infy takes support of that level , can see a good rally in it. however on down side can seek its 1st support at 1763 and then 1729 if unable to break.
Sell below 1786 SL 1800 TGT 1772Suggestions are based on my analysis only. Please do your analysis before taking any trade.
INFYINFY
at support
but price below 20 and 50 ma
20 ma about to cross 50 ma downside
short below 1660 hourly closing for positional targets of 1589 and 1530
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial adviser before taking any trade.
