INFOSYS LTD NSE:​INFY

INFOSYS IS SELL FOR TARGETS OF 590-550. REASONS: 1. IT IS AT A UPPER DIAGONAL OF A RISING WEDGE (BEARISH PATTERN). 2. 5TH WAVE OF DOMINANT WAVE IS COMPLETED. NOW CORRECTIVE WAVES WILL START. STOPLOSS: "ABOVE SWING HIGH OR AS PER RISK BEARING CAPACITY"

Support is at 712, medium term target is 884

Based on my xMRSI-Progresser predictive trading methodologies, its going to be a RED candle on 11-Oct-2018 for INFY Sell Below(5Min candle close): 698.7 for targets - T1: 693.5 T2: 690.3 T3: 687 SL: 704.3 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do ...

inside bar + channel in INFY buy at break of 730.8 with SL at 717

Iny - Can test 708 below 719.Buy abv 721 for 733. We have some news on payment to CFO.so be cautious.

Infosys will turn bullish if today's closing is above 916

Check chart...

INFY Next week, Result. Immediate target :700-720 Support: 670 Infy broken the long term trading channel. If result isgood, it will catch up the old channel. Other wise more down side expected below 670.

Infosys short side may go down to 630,592 SL-718

INFY has been in an Uptrend for a long time and now it has broken the upward trend line and to double the confirmation it has also presented a double top kinda pattern. A break below the neck line would be a good signal to short. With good entry point, and stoploss above the neckline one can earn about 3:1 trade easily. Wait for the Confirmation.

LEVELS MENTIONED IN CHART

Infosys has been in a rising channel for long time and has stalled the rally for now. Stock is now sideways with the 748 being a resistance and 703 range is a support. Where will it go? OCT 16 earnings will decide the trend for Infosys and other tech stocks

Trust in system !

Infosys went above its previous resistance of 744. Buy at 745 Stoploss 732 Target 780

Infy can test 717 and 712. Cmp 731 Sl 735. Selling near resistance. if stock trades abv 732 and close on 1 hour chart. Setup is invalid

Infosys has been in a channel for a long time and has been making higher highs. That trend has been violated after the last correction and now its attempting a retest. Now is a time to sell and see if this a beginning of a new downtrend. Sell Infys at 728 730 levels with a closing Stoploss above 742 Targets are 702 692 680 (Positional)

Details in the chart, SL pdl

#INFY CASH 27 SEPT 2018 SHORT ONLY BELOW 718 SL 725 TARGET 712/706 LONG ONLY ABOVE 732 TGT 737/744 SL 724 CMP 724.80