0XSE trade ideas
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
shampoo pattern at swing highsINFY is going into triangular consolidation with a head and shoulder pattern of 53 points depth.
NIFTY 1D Time Frame Analysis Current Trend:
1) Uptrend parallel channel
2) It took a support exactly at 2 level of Fib .FIB cord -(1953.90 -1665.00)
3) currently it took a resistance @0.5 level of FIB
exception:
year of accumulation zone.. if it breaks the 1654 level , we can except another 300 point movement from there.
once this parallel channel is broken upside ,can can except positive momentum .
Indicator:
RSI: divergence in RSI
MACD: MACD still in positive territory. But showing some weakness currently.
first level of target-1653
support -1500
consolidation in small rangeboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intradayif price breaks the level then we can plan for long and if it is taking rejection from that level then we can plan for short.
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Infy ( both side trade possible for swing )Good buy opportunity above 1567 after retest of a trendline for targets 1595, 1600. Good sell below 1555 for targets 1532 and 1515.30. Trade wisely at your own risk.
Good luck, Jai Hind.
INFY this weekas we can clearly see inverse head and shoulder pattern form ...... you can w8 for the break of neck line or resistance level to ensure the breakout ....this patten can give us more than 200 points relly
NSE:INFY
Infosys Critical pointsThe 5 mentioned lines are critical points for Infosys. Investors should check the current market trend before taking any positions.
Entry Between: 1560-1580
1st Exit, Resistance: 1770-1800
Breakout: 1900-1950
Stop loss: 1400-1380
NSE:INFY
Infosys : Ready to flyStock to Buy: Infosys (#INFY)
If you get it in pullback around 1600 level, after bullish rejection of the downward move (i.e. price falls back to 1600 level and then take a reversal to honor the 1600 as support), buy Infy above 1605 with SL: 1595.
The Risk-Reward can be 1:3.
INFOSYSNSE:INFY is a very strong fundamental IT company.
recently it is underperforming since last 10 months, but on the daily chart frame it has created a beautiful inverse head and shoulder pattern, which is looking very promising.
one can make position in this stock for the targets of 1960 in next 3 to 6 months.
Head and Shoulder -A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest.
-A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal.
-An inverse head and shoulders pattern predicts a bearish-to-bullish trend.
-The neckline rests at the support or resistance lines, depending on the pattern direction.
Script = Infosys
Time Frame = 1 Day
INFOSYSon Daily ,Weekly and Monthly looking good ,on all time frame in flag patrren and strong part is also up trend.
TRIPLE BOTTOM FORMATION CREATEDStock is trying to break Resistance level many times but always failed, we can expect this time break and move fast.
INFYIn the Weekly chart of INFY,
we can see that it is respecting the last resistance.
We can see an Up move once it creates a Halt candle at last resistance.
Go Long till 1900-1950
slanted inverse head and shoulderinverse head and shoulder activated in INFY on daily timeframe with probable 7 % upside
INFOSYS BREAKOUT SWING TRADE - INVERTED HEAD AND SHOULDERSGood day :)
NIFTY IT has given a range breakout with a strong Marubozu open candle.
Most of the IT stocks are performing really good and most of them are giving breakouts.
I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS.
This stock has been in a channel since May 2022. In the recent support at the base of channel , the stock has created a Inverted Head and Shoulder pattern which signals a bullish trend in the stock.
Stock has broken the neckline with a strong bull candle. We can take a long position on retest of neckline and can expect good targets.
Investors typically enter into a long position when the price rises above the resistance of the neckline and the stock has already proved this by breaking out with a strong bullish candle.
Huge volume spike can be seen at breakout which confirms it as a healthy breakout.
Resistances are identified as Target 1 and Target 2 giving a Risk Reward Ration of 1:1.5 & 1:3 respectively
The probability of targets being hit increases as the stock is in a channel.
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
Infosys Stock Confirm Targets 2023 Infosys Chart Analysis and Confirm Targets with Demand and Supply Zones
Infosysy Made All Time High 1953 on January 2022 , and Break Support zone of 1620 - 1656 now same Support Zone Act as a Resistance Zone
As Nifty also Break Major Support 25 jan 2023 If Downtrend will Continue then Targets For Infosys Stock are As Given Below .
First Target - 1357 - 1312
Second Target - 1167 - 1152
As we Know US and UK are the major Customer For Infosys and All IT sector and Now Days Due to High Inflation in US and UK its affecting on IT sector , Keep Eye on INFOSYS .
Note - If you want any Chart Analysis for any Time Frame Msg me on Trading View I will Try my Best . Thank you . Please Share Our Ideas to Support Us .
Infosys technical analysisAs we can see Infosys just broke the fresh bullish pattern and broke the previous resistance and coming back to retest the resistance which was turned to support if we see any good bullish candle with good volume and any bullish patter we can go long on the stock
