INFOSYS LTD INR5

INFOSYS LTD INFY If holds 906-903, then can target 914-932

POSITIVES: Bullish - 1. Price Cross Up 21DMA. 2. Price Cross Up 15 DMA. 3. MACD Cross up 9 Day EMA. 4. Slow Stochastic Cross up 20 Buy at / above:: 912-915 Targets: 929 - 937 - 945 - 960 Stoploss : 904 3-5 DAYS

In monthly, It is at ascending channel support. So it is expected to reverse and go up towards the channel resistance. sl - 850 tgt1 - 1250 tgt2 - 1340. In weekly, hammer formed at channel support it can easily bounce to touch the channel resistance @ 1010. https://in.tradingview.com/x/hv92ubHs/

Guys , As RSI moved below 30 Levels , We can expect A Pullback Rally to 916-920 Levels ... Only for Short-Term Buying Purpose ...

bearish grip

Bear grip

levels explained in chart

Bearish Gartley Target 1= .382 Fib retracement SL as A point Target 2= .618 fib retracement SL as previous resistance

Described in Charts

Monthly chart showing more room on downside till 840-45 in Sep! or 860 in Oct!! 840-860 is good level for long term investors to go buy from a medium to long term point of view

Infy broke a strong support which was intact for a very long time and it was broken with good volumes. Don't know much about fundamentals but weakening dollar isn't helping it either. More downside is possible as long as it stays below the support line. Trend seems negative for the whole market as well. Hold your horses if you were thinking of buying INFY. I do ...

Infy CMP 899.50 In the previous post when Infy was at 878 we had mentioned that the stock is likely to bounce towards the zone of 930-960 zone. https://in.tradingview.com/chart/INFY/wtjXr3Bn-Infy-Patience-has-its-own-reward/ Despite Infy offering Share buyback at 1150... despite Infy seeing the return of respected Nandan Nilekani on the board... we have ...

This stock has in past taken multiple supports near 912-905 which is turning out to be a hude demand zone. BUY can be initiated with stoploss 900 for target of 933/948/960+++

I have failed 2 consecutive times on my Infy trade. Let me see will infy obey my trading Strategy. Buying above 922 with 913 stop-loss for 936 target.

The channel could break on the upper side. If it doesn't break, then the channel will continue on the downtrend

trade in trading range

Seems like Infy is taking support at 926. If it survives tomorrow's expiry jitters around 926, then it can bounce upto 986 and 1008. With buyback option hanging around, it can also go till1045 in Sept'17. MACD is on verge of crossover.INF

Currently , seeing support at channel lower trendline.