INFY is trading below long time support/ trend line and is expected to retest previous highs given IT industry needs to bounce back as it forms the back bone of banking and other tech related sectors. BNF & NDX are near record highs. hence it should be a just a matter of time when this bounce back happens. Time to take delivery of IT stocks - Large cap IT...
I have analyzed the Infosys price based on Gann level. I have also included recent trend. Currently we are in downtrend and there is not even one Green candle is visible in weekly TF. So that make me little projection that it will go down till 1369. But I will be more vigilant and keep the stop loss. Analysis is my passion & I am doing it for study purpose only....
Hi, this is just an OBSERVATION not an advice. Infosys is a great company AI leader in india. which seems underrated. #finance #infosys #technicalanalysis #stockmarket
Daily chart I detect a range zone. We are below the average price of my algo. Make up your mind.
This is just an observation. Not indicating at buying. But according to the technicals infosys may be bottoming out.
Infy has been bouncing off the Resistance turned Support zone between 1355-1370. The CMP is 1420. Just another 50-70 rs to reach the zone. Safe traders can wait for it to reach the zone and bounce with a Bullish candle. Keep on your watchlist.
going by the chart Infy is at support - S1 and S2 which is stronger support area. This could support Nifty if demand comes in for Infy shares in coming days.
Symbol - INFY INFOSYS is currently trading at 1445. 1450-1400 is a good support area for INFY. I'm seeing a trading opportunity on buy side. Buying INFY Futures at CMP 1445. I will be adding more if 1425 comes & hold with 1395 SL. Targets I'm expecting are 1495 - 1570 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
Concepts Of ICT A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved. Technicals and smart money gave the signals of a drop in Infosys before its earnings. Some would say its a " Head and Shoulders"- not...
Analyzed the high , low , trend & Candles stick. Add Gann level also and came to the present projection. Target is 1369. And it may or may not come tomorrow. But always maintain your SL as well. Please share your experience and feedback. So that i come to know is it helpful or not. If it is helpful please do share it with your friends as well. If you need any...
Company:- Infosys Ltd. Sector:- IT (Information & Technology) M Cap :- 6.14T Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the...
Infosys is at a good support level of 1300-1400 looking good for accumulation for a target of around 1750/2200
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...
descending triangle bottom trendline broken. if falls continue next support will be 1430 and 1366. I shared this idea for learning purpose only. Tread with your own risk I'm not Sebi registered adviser.
INFOSYS LTD Analyasis on 02 May 24 trying to formation of Head & shoulder Best buying Level now4 best stocks for long term keep stoploss 1200 target 1500 - 1600 - 1700 - 1850 - 2000
In this recording infosys pattern has been told. It might take more days then mentioned, but the patter is quite visible and its due for a breakthrough. follow for more updates
Infosys chart pattern look interesting. Trading near weekly 200EMA Breakout from bullish pole-flag pattern Pullback to recent breakout level I will bet on long side and will accumulate at these levels Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors
I have analyzed based on price range, high, low, and trend in weekly TF. And project in the past week. Please do share with friends and like & follow too for others benifits.