infyi m looking for short opportunity.
if price breakdown 1650. i will short infy.
thank you. good luck guys.
i will also publish ideas on live market time . so like and follow.
0XSE trade ideas
Simple Trade Setup | INFOSYS | 02-11-2021 [ INTRADAY]NSE:INFY
Observations:
1) On daily time frame, we can see it has been taking resistance from 50DMA.
50DMA is immediate resistance and placed at 1711.50 level.
Please refer below chart : 1 day Time Frame.
From chart we can see that range of 1710-1720 is critical resistance zone.
Sustainable breakout of it will make it bullish again.
Please refer below chart : 1 day Time Frame.
-------------------------------------
Trade Setup for Date 02-11-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Infy, 1hr. Swing TradeJust placed my idea in Position drawing.
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Can go more upward.
Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting).
Grey : Entry
Green: Take Profit
Red: SL (close basis)
Infosys Swing (Short)Infosys has fallen from All time high and undergoing correction cycle
-->Firm Support at 1660 level
-->Favorable risk & reward ratio (1:2)
-->Might retest the strong support region
-->Along with the trend
(Education purpose. Consult your advisor before taking trade)
Infy at supportInfy is sitting at a good support point. Lets wait and see before entering a trade. Considering the potential of the stock it should go up, but market is the king, so I am not predicting anything. Infy has major contribution in Nifty. If Nifty starts to go up from the current level, Infy will also follow. Buy at dips for good future investment. #infy
price action analysisno indicators used
simple price action trading
chart pattern
support zone -draw using it by parallel channel always as support can be zone or sometimes just using lines
supply zone-horizontal rectangular area where everytime price bunces back
targets
Infy: Chart set up and trading strategyInfy
Observations
- multiple resistance seen between 1745-1820
- line of resistance level around 25 Nov is around 1855
- support around 1667
- major support around 1600-1592 levels
For any cash buying decisions, that's the zone where risk::reward ratio looks most favorable
_______________________________________________________________________________________________________________
Given the set up F&O strategy that may be considered
- Sell 1840 Call option
Yield potential 9-10% on margin requirement
Risk of stock reaching 1855 by Nov expiry is factored in the strategy.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- 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
BUY Infy for Target 1815 - 1820 Buy INFY .. breakout & Resistance Breakout on Hourly candle BUY INFY ...
Simple Trade Setup | INFY | 26-10-2021 [ INTRADAY]NSE:INFY
All the levels and most of the trade setup still remains the same as per previous.
Trade Setup for Date 26-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Simple Trade Setup | INFOSYS | 25-10-2021 [ INTRADAY]NSE:INFY
Observations:
1) On daily time, we can see that after 3 days of profit booking, it took support from 50DMA and managed to close above it.
Also, if you remeber earlier, level of 1700 is major critical support.
As far as it is giving closing above it, it has chance to start bullish run again.
Major immediate resistance is at 1760 level.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date 25-10-2021:
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
SIP 1704 to 1650 Short TGT 1950 Long TGT 2100Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Infosys buy for long term targetAfter hitting ATM Infosys 1848 corrected 100 points during market consolidation. NIFTY IT bleeding since couple of days which affected IT major stocks like Infosys. One can bet from here CMP 1753 for a target of 1875 for coming days for short term with stop loss of 1700.
INFY has closed below 200 EMA , go short if it Infosys has closed below 200 EMA of 15 min time frame, the purple line is moderate demand zone , you can go short for a intraday trade if it breaks the zone. Check IT sector in the morning to add a little more confirmation to your trade. It will go down after breaking the zone , as it tries to fill the gap from 1720 to 1740. Place a proper stop-loss .
neutral intraday trapIntraday trader trap in this chart pattern they start selling when chart go below. this is trap by all intraday trader. so follow chart and apply your mind all given here.
InfosysBreakout on daily chart in infy ....................................................................................................................
Simple Trade Setup | INFOSYS | 19-10-2021 [ INTRADAY]NSE:INFY
Trade Setup for Date 19-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Breakout in INFYbreak out in Infosys and next target is 1840.
after a long consolidation Infosys is moving ahead
Simple Trade Setup | INFOSYS | 18-10-2021 [INTRADAY]NSE:INFY
We saw on 14-10-2021, after gap up opening and initial 15min trade, it started falling down with profit booking.
We observe that money rotation goes from IT sector to BANK and BANKNIFTY made new ATH.
And FII were net buyers and becasue of it HDFC and HDFCBank shot up.
Observations:
1) On 1 day time frame, we can see good thing is that it took support from 50DMA which is placed at 1700.51 level.
1700 level will be now very critical support level. Sustainable breakdown of 1700 level will lead it to more profit booking.
But overall trend is positive for INFY. One who are holding equity can continue holding it.
Please refer below chart : 1day Time Frame.
-------------------------------------
Trade Setup for Date 18-10-2021:
Most of the levels will remains the same as per previous setup.
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
INFOSYS.....Buy!!The stock is in consolidation and has started o move gradually upside. The good results and a rising RSI above 50 will surely move it further upwards!! see chart for near targets.
INFOSYS: BULLISH CONTINUATIONInfosys has completed an expanded flat correction. The current price action suggests that stock is rising up in an impulse manner having the first wave as leading diagonal. One should go long on current levels with the SL of 1655 for the target of 1780/1820
Infosys side ways pattern Infosys side ways pattern are formed break the strong candle then enter the stock
Infosys Q2 results based strategies -- OutcomeIn this video, I explain how the 2 strategies that I had tracked have performed.
I hope this is useful.
Thank you,
Umesh
14-10-21
