Infosys on the verge of bullish breakoutlong term bullish breakout expected in Infosys as per chart analysis. dont take this as an investment advice. do your own analysis before investing.thank you
0XSE trade ideas
infosys bullish flag and parallel channel break out.12.1.2024
parallel channel break out on Weely chart and
bearish engulfing candle formed on today.
also has taken support from 13 days ema level
next target narrow range R1 1714
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Infosys long term buy given near 1385 1710 Target hit Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys cup and handle and Elliot wave view- cup and handle breakout done
- parallel channel breakout done 2nd time
- pole and flag breakout done
- Elliot wave 4 reached wave 3 level
- trading above ema cross over
- weekly narrow range R1 reached
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
Infosys Ltd Analysis!NSE:INFY Analysis on a Daily Timeframe!
Double Bottom Pattern formation in Infosys Ltd!
Double Bottom Pattern/ W Pattern Formation with RSI Divergence!
Analysis:
As we can see in the chart NSE:INFY started falling down from Feb 2024. It was in clear downtrend. After that it has made a double bottom pattern but it's second bottom is lower than its first bottom, so I have added RSI indicator to get a confirmation about Divergence. We can see a clear divergence while price falling down RSI moving upwards so we can expect the price will move upwards in the upcoming trading sessions. I have marked all the important levels on the chart please have a look.
Trade Psychology and Setup:
Entry = Current price level is good to Enter
Target = 1607.65
Stop Loss = 1460.50
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
INFY - BULLISH ON LONG TERMA level of 2000 is waiting to be tested, breaking the last range of 1900-1980. For that, INFY must cross and break the current channel. Anything below this range is a buy point at the dip, with a stop-loss below 1500. A 15-18% return is expected if the market stays at or goes above the current level and close above 1750 level so can invest more with a pyramid law -
INFY INVERTED HEAD AND SHOULDER PATTERN READY TO BREAKOUTINFY was showing long term inverted head and shoulder pattern and it ready to breakout.
At ResistanceTwo Patterns
Symmetrical Triangle - near resistance
Rectangle near resistance
Wait for Breakout with good volume
There is resistance , Monthly/weekly RSI near 60, may resist here, but if crossed, very good targets
Buy on breakout or retracement ( RSI taking support at 60 in daily TF) could be useful
Educational purpose
Infosys will dive you in the sea of Profit !!! check out Hi Guys!!!
IT is doing good so do the infosys... Infosys is giving round pattern breakout. I recommend to buy at the level of 1617 to 1640 for the positional target of 1800. The hold time would be around 6-8 months. The SL will 1585.
Thanks
Infosys long term buy holding from 1385, 1650,1700+ Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFOSYS 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
INFOSYS Looking good for upside..
When it break level 1566 and sustain.. it will go upside...
BUY@ 1566
Target
1st 1575
2nd 1588
INFY JUL FUT – LOT 8 (Qty-1400)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
@TradingView
INFY NEARING BUY ZONE.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.
Infy: Inverted Head and Shoulder's PatternBullish pattern
High Volumes
Support 1495
Resistance 1635 / 1705
Almost a Bullish Marabozu
Breakout Stock: InfosysBreakout Stock: Infosys
7 week consolidation
Followed by a breakout,
Retest done
Ready to break out.
Target: 1720+
Bullish on InfosysInfosys can be bullish in coming days.
It can also filled the previous gap.
Also good single in MACD.
Infosys buy given at 1390 high 1554 buy dip before results 1650+Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
InfyHi,
price taking support on trendline . price making swing higher highs. it will possible chance to price will move upside form demand zone which is marked in green area
targets will be Resistances are marked as red horizontal area.
below day closing of previous swing low is Stop loss
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
INFY - Weekly AnalysisIn the Weekly Chart of INFY ,
we can see that, it has shown a very strong bounce back from 1350 levels..
After Bounce back it has shown respect to the move and created a inside candle.
Enter on breaking Candle's High with Low as SL.
Expected momentum is shown in chart.
#INFOSYS Important support and resistance levels#INFOSYS Important support and resistance levels
Buy on Every dip . target new ATH "
#Swingtrading # Positionaltrading #infy
medium term shorting opportunity in InfosysHi,
NSE:INFY has given a bearish flag breakout on weekly charts with very good volume.
MACD is also on the bearish side on Weekly and Monthly time frames. RSI is also on the bearish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the current momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
Election outcome this week, so position yourself accordingly.
Don't Forget to Follow me to get all the updates.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Infosys buy given at 1385 hold it Target 1650,1710 ++Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
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 trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFOSYS RESISTANCE BREAKOUTINFY breaking long time #resistance
with good volume and rsi
breaking 200ema also
#target 1730
EDUCATIONAL IDEA
