0XSE trade ideas
divergance infy have chances to go downDivergence in stock trading is the contradiction between price action and indicators on the chart.
Since indicators themselves are based on price action, if the price is going contrary to the indicator, this is a clear sign that trouble is on the horizon.
This conflict of price and technical indicators is one of the strongest signals in trading.
The strength in the signal is related to the fact that a potential trend reversal is on the horizon. From experience, you can make the most money if you are able to catch a trend at the very beginning.
infosys is nearing to big break out watch out The shares of infy is currently trading at 1555.45 one who can manage the risk can buy the share after the channel pattern break out or can enter now with the small quantity
Target - 1706
stop loss - 1514
The risk reward ratio for this stock is 1:4
currently I'm very bullish on it sector
INFY Trade Setup For Week As of Now My View With IT SECTOR is BULLISH...
INFY Took Resistance 1588 and then we see Profit Booking which was expected after BOOM in ITSECTOR
No we Have Some levels for NEXT WEEK ...
If infy take SUPPORT from TRENDLINE which is near- 1552-1556 then we will take trade for target of 1588
and if it broke the TRENDLINE then take trade at 1540 and target will be 1588
if infy not sustain on 1540 then we will go for agrresive short levels are mentioned on chart
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INFOSYS technical + simple chart analysisI am siddharth dhurve , i am 19 years.. here is simple and best infosys ..
there are three possibilites;
1: first it may take direct support and continue to move up.
2:second it may directly open gap up . may break previous high or consolidate..
3: third it may break trendline and take support from 1501..
Infy: Triple top formation observed in hourly chartInfy
CMP 1555
- The set up has a target of 1496-1508 levels on the down side below which there could be further extension fall towards 1453-1465
- on the upside I would be cautious if Infy trades above 1578
- note I do have my bias in Infy
so do your due diligence
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
Infy: Chart set up and trading strategy for July monthInfy
Observation
- After result announcement, Infy goes into consolidation mode for a 2-5 weeks
- it then has rallied 17-27% till the next result announcement (calculation done on a opening or closing basis)
- current rally is measured at roughly 21% so far and another 9 trading sessions to go
- if Infy is to follow the blue channel, then we have be at the top end of the channel
- however if Infy is to follow the red dotted channel, then there is a scope for a price movement up to 1671 odd levels
Given the set up, F&O strategy that one may consider
selling Infy 1660 Call option around 12
The strategy has a max profit potential of Rs 7200/- per lot
More importantly from risk management point of view, it covers risk of rise in Infy price up to 1672 levels till 29 July 2021.
Take care & safe trading
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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
Infy: RESULT NEWS being factored in by Technical AnalysisInfy
- In Technical Analysis it is said, "Price factors in every thing."
Does it: Let us see with Infosys chart and result announcement news
What charts were saying before result announcement
Chart Observations
Channel trade - we see Infy moving in the red channel since July 2020
- the channel was broken in Feb 2021 and that was an indication of Infy possibly changing gears
- In April 2021, this cue was captured in our Infy result strategy, and it was suggested that Infy might pause at mid point of the red channel
see for yourself
Infy reacted exactly from those levels as Charts indicated
- come July 2, 2021, this is what was updated here at tradingview.
On July 2, it was said that Infy is near the top of blue channel.
- Infy Results were announced yesterday evening after market hours and again we see Technical levels being respected. The NEWS reaction has not breached the channel top so far.
- let me re-iterate, Technical Analysis is not about being right or wrong...
I use it
- to know my risk involved and reward potential
- plan my trade with this knowledge &
- be comfortable with the outcome
If you analyze the Infy trade strategy that was suggested on 2 July,
This strategy would be
- profitable by 12 points per lot if Infy falls down
- profitable by 12 points per lot if Infy stays sideways
- profitable by 4 points per lot if Infy rises up to 1668 on expiry day
- in loss if Infy goes above 1672
This strategy was adopted again based on Technical Analysis and chart observations
- on previous occasions, the best movement before the results were out was of 27.29%
- the current rally started after making a low of 1311
- so factoring a 27.29% rally from 1311 comes to 1668
Whereas the trading strategy covered the risk for a rise up to 1672 (still profitable by 4 points)
"Sau baat ki ek baat bol raha hoon aaj - I'm not here for your likes but If you understand this well, it can make a world of difference to you... So Mark these words
If you ensure you don't lose, you would be profitable"
Hope you find it helpful.
You can follow me but don't follow blindly
Learn to identify opportunities independently
Make good use of tradingview
Happy learning...!!!🙂
Regards
Vaibhav Deshpande
Indiamarketoutlook
Flag pattern in infosysFlag pattern has broken in Infosys and it has also retested. Hopefully, it will continue the uptrend. Can be bought for a target of 1640. CMP-1576.
Please like and follow!
Happy Trading :)
INFOSYS-WATCH FOR BREKOUT -INTRADAYPOLE AND FLAG ON DAILY AND TOUCHING RESISTANCE MULTIPLE TIME
POTENTIAL TO BREAKOUT
USE HOURLY OR 15 FOR INTRADAY AND DAILY FOR SWING
#93 LETS GRAB THIS OPPORTUNITY#93 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
Leave a comment that is helpful or encouraging.
INFOSYS 1D TF Been into consolidation for almost 3-weeks;
Today's price volume action seems to be positive.
Though; A bullish indicative would be a "Sustained Breakout" above 1580.50 for target of 1620.
INFOSYS: Impulsive rise, ready for 5th waveStock is rising in an impulsive fashion , as wave 12345 with wave 4 as triangle. One should go long on cmp, with SL of 1547 for the minimum target of 1592 & above 1592 look for 1625/1655.
NOTE: wave 4 in an impulse suggests that trend is going to exhaust soon after a new high. One should be very careful and book profits early.
INFY Trend AlertINFY Analysis:-
1. this stock consolidation zone movementum price
2. Flug Pattern formed last 15 days price movement
3. Fibnatti Retracement under value 0.236 that is positive zone
4. the resistance line 1591 level break out after strong big rally flow 🦏🦏🦏
Infosys Ltd. : making a flag pattern wacthout for the breakoutDear traders,
In Infosys Ltd BSE flag pattern is on progress.
All EMA showing bullish trend.
So wacthout for a breakout then trade it.
