#InfyIT stocks started move and infy has just given BO above strong resistance area, watch chart for levels.
0XSE trade ideas
Infosys Positional Short Trade Setup!Infosys Face Strong Hurdle Near ~ 50% Fibonacci Retracement Level, Sell Positional~ 1515, Stop ~ 1550, Target ~ 1425, Expected Target Jan Expiry.
INFY - Bullish MarobuzuWhat a bullish Marobuzu today in NSE:INFY . It's move will be decided on it's upcoming results.
Infy short below 1482Infy looking good to short below 1482 level, it has taken support multiple times, if support gets break then can see gap fill till 1442. Please note I am not SEBI certified financial advisor. This is just my view pls take advice from experienced and certified financial advisor before taking trade.
bear flagINFY giving bearish sign ahead...... a 11% down flag breakdown ..... some supports are there better to exit for short term
new shorts can be initiated upon retest based on price action
#Infy cash : Flag pattern breakdown on charts#INFY Cash -Positional call
04.01.2023
Sell only below 1480
Stoploss 1501
Tgt 1456/1424/1404
Cmp 1495
INFY 1Hr Share AnalysisCurrent Pattern: Triangle pattern --Near top of pattern
if it breaks next level of resistance around 1583,which is 0.618 level of Fib Level
Indicator:
RSI --took a support from the trend line and above the 50 level
MACD- cross over the mid line and MACD line is above the signal line
Infosys Chart Anylysis On 15 Min Infosys Anylysis on 15min TF You can clearly see how the infy from last 20Days in Stuck between there
So we can expect trending move either side.
But Looking at Volune i dont think it can sustain above the level
intra day trade for tomorrowwe can see a accelerating triangle in the hourly chart of Infosys.
the stock is consolidating in that range for 8-10 days which is also a good sign.
We can expect weakness in sellers after it gives closing of hourly candle above 1530
so there are high chance of sharp more for 20 rupees above 1530
trade safe and at your own risk
Inside Candle Breakout> Infosys formed an Inside candle on 26.12.2022.
> On day 2, i.e 27.12.2022, it has given a breakout of Inside Candle on upper side.
> Also don't forget the buyback going on by the Company.
Infy Elliott Wave counts on Daily scaleWave 1 of C is a clear impulse now wave 2 pullback should be good short trade.
Infy Elliott Wave counts on Weekly scaleInfy has completed Wave A & B now Wave C down has started Wave 1 of C can end around 1455 for a small bounce in Wave 2 but eventually we should reach 1160-1050 levels to complete bigger Bearish Sequence.
Infy: Chart set up and trading viewInfy
- the stock is managing to hold on to gap zone levels
- important support levels 1480 / 1444 / 1433
- 20 day EMA and 63 day EMA at 1562 and 1545 respectively
Given the setup, one may consider to sell Infy January expiry 1460 Put option
The strategy has a profit potential of 10% on Margin requirement and provides protection for a fall up to 1437.5 odd levels ( covering most of the known risk on charts)
Do let me know if you find the analysis and insights helpful.
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Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
#Infy cash : Looks good above 1520.10#Infy cash -Positional for 1 week
19.12.2022
Looks good above 1520
Stoploss 1500
Target 1547-1550/1575-85
Cmp 1510
#Infy cash :looks good above 1520.10#Infy cash -Positional for 1 week
19.12.2022
Looks good above 1520.10
Stoploss 1500
Target 1547-1550/1575-85
Cmp 1510
INFY is showing lower lowsNSE:INFY is showing lower lows that shows weakness. We can see 1475 levels soon if this weakness continues for some more time.
InfosysInfosys support will help it to travel in the channel, if T1 is broken T2 will be possible in the coming days
INFY 15 MIn chart Head and shoulder cup and handle Breakout INFY 15 MIn chart Head and shoulder cup and handle Breakout
buy Target 1590- 1600-1610-1620-1640+
CMP 1580
SL below 1550
holding period 4-5 days
InfyHas broken the uptrend line today and is negative expecting the gaps to be closed as indicated lets see if it does then will be good place to go long
