Supports for infyPlease go through the supports for infy.
if infy breaks 1304 it will be very negative for it.
let us see if bottome fishing is done today or not.
0XSE trade ideas
Infosys WeakInfosys Weak until it doesn't break the trendline mentioned in the chart...
What do you say?
Triple top tata bye bye khatamI m very much bearsh since last 2 year's if you following my all charts idea
Some pullback comes n people bulish 🫢🫣
My target of infu is new 😲52week low
Alart🫨🫨🫨🫨🫨🫨🫨🫨🫨🫸🫷
Infy - Gapdown openIf INFY opens gapdown at 1425 there is a chance the stock moves down at further.
The ADR's are down significantly.
SL for the trade would be above 1435. Keeping it close and simple here.
It'll be a short term breakdown too.
INFY, 1 more big fall? (Nervous Laugh)This post is on a Lighter note, Hope the results reactions this time are not so extreme.
Infy Result, chart set up and trading strategyInfy
Given the chart set up one may consider selling 1500 Call option around 30 and Buy 1530 Call around 18
Max profit potential Rs 4800 on margin of Rs 32000 approx giving a ROI potential of 15%
Infy has the potential to reach 2000
The idea is purely based on technical analysis.
After the high made at 1953.90 on 17 Jan '22, it has been in a down trend till now. On 4 Sep '23 the said trend line has been broken and retest is also done from the trend line. So good zone to go long. There is a high possibility of the price breaking the all time high.
Target: 1957
Stop loss below: 1192
#Infy cash : Long term support at 1400-1420#Infy cash -Positional View
02.10.2023
Looks good long term support
at 1400-1420 levels
current price 1435.45
Infy Weaks below 1470Infy seems weak below 1470 as is is trading around its 20 EMA line on daily time frame,if it opens 1480~ 1475 and breaks 1470 , more weakness can be seen.
INFOSYS GET READY FOR BIGGER MOVE INFY may fall further on breaking this support line for the target of 1300 in coming days
INFY. Will it break 52 week low?Likely to fill the gap if the trendline doesn't hold
For observation only
Infosys On Bullish trend. Reversal from lows strengthened📆 NSE:INFY Recommendation on NSE:INFY for the week starting 4th September 2023
📊 Current Status:
Closing Price: ₹1443.85 📈
52-Week Range: High of ₹1672.60 🏔️
P/E Ratio: 24.27 📊
Position: Mid-range of 52-week high and low 🎯
📈 Technical Analysis:
1️⃣ Parabolic SAR: Recent buy signal 👍
2️⃣ Fibonacci Levels: Trending up past 0.618 📈
3️⃣ MACD: Positive divergence 📈
4️⃣ Stochastics & RSI: Upwards but reaching the upper band (K at 100.00) 📊
5️⃣ %R and Fisher: On the upside (Fisher at 3.38) 📈
🎯 Recommendations:
Entry Point: Anytime on 4th September 2023 around 11:00-11:30 AM, if sentiment is positive 🕚
Target 1: ₹1457.35 🎯
Target 2: ₹1498.15 if Target 1 is sustained 🎯
Stop Loss: ₹1401.9 🚫
🔎 Rationale:
NSE:INFY is a valuable buy for investors with a medium-term horizon. The stock is supported by several bullish technical indicators and is situated at the mid-point of its 52-week range.
📣 Disclosure & Disclaimer:
This recommendation is for informational purposes only and not financial advice. Kindly consult your financial advisor before making any investment decisions.
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Hit that subscribe button to get real-time analysis and stock picks! 🛎️
Long INFYTrend is up. Super trend indicator is coinciding with 20SMA and they can act as a support in case of a small retracement. In case price bases or takes support at the mentioned levels, can look to plan a long trade, keeping a close below as SL.
INFOSYS FORMING COMPLEX CUP AND HANDLEThe stock is forming complex cup and handle pattern and can touch the 1640 mark soon
INFY: Descending Channel and Flag BreakoutINFY is showing *early* signs of breaking out of a weekly flag pattern and descending channel. Keep on watch. This coincides with the CNXIT parallel channel breakout pointed in earlier idea . RSI is high, though volume change is not significant. Big gap resistance ahead.
Infy Ichimoku Breakout Stock Name - Infosys Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1504
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#IchimokuCloud
#IchimokuFollowers
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INFY BULLISHinfy closing 1501.10.
BUYING REASON.
1. Price Breakout Cup.
2. Trendline Breakout.
3. RSI is at 73.32.
4. RSI weekly above 60 current 61.72.
5. ADX shows a upperside and +DMI is rising.
6. Volume is bullish.
INFY | 11% target | Micro SwingInfosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation. It is the 2nd largest Information Technology company in India behind TCS.
INFY | High probable and relatively a safe stock to take for 30%INFY | High probable and relatively a safe stock to take for 30% move
CMP : 1469
SL : 1350
Target : 2000
Almost 1:4 risk reward setup
INFY - Weekly AnalysisIn the Weekly Chart of INFY ,
we can see that, it has shown a slow and very strong recovery.
Last 4 weeks has been Bullish.
Next week can be a halt or retest candle.
Expected momentum is shown in chart.
