Infosys Chart Analysis and Confirm Targets with Demand and Supply Zones Infosysy Made All Time High 1953 on January 2022 , and Break Support zone of 1620 - 1656 now same Support Zone Act as a Resistance Zone As Nifty also Break Major Support 25 jan 2023 If Downtrend will Continue then Targets...
#INFY Cash -Positional call 04.01.2023 Sell only below 1480 Stoploss 1501 Tgt 1456/1424/1404 Cmp 1495
Infosys Face Strong Hurdle Near ~ 50% Fibonacci Retracement Level, Sell Positional~ 1515, Stop ~ 1550, Target ~ 1425, Expected Target Jan Expiry.
Infy looking good to short below 1482 level, it has taken support multiple times, if support gets break then can see gap fill till 1442. Please note I am not SEBI certified financial advisor. This is just my view pls take advice from experienced and certified financial advisor before taking trade.
Current Pattern: Triangle pattern --Near top of pattern if it breaks next level of resistance around 1583,which is 0.618 level of Fib Level Indicator: RSI --took a support from the trend line and above the 50 level MACD- cross over the mid line and MACD line is above the signal line
Infosys Anylysis on 15min TF You can clearly see how the infy from last 20Days in Stuck between there So we can expect trending move either side. But Looking at Volune i dont think it can sustain above the level
infy weekly chart for direction and knowledge share yr idea about it
As we can see Infosys just broke the fresh bullish pattern and broke the previous resistance and coming back to retest the resistance which was turned to support if we see any good bullish candle with good volume and any bullish patter we can go long on the stock
Infosys looking good if sustains above 1530 for the marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
IT stocks started move and infy has just given BO above strong resistance area, watch chart for levels.
INFOSYS- Look like inverted head & shoulder final leg formation in weekly chart & already bounce from support levels. Near by resistance is 200 ema, when it break stock will shoot up to target 1 - 1645 And when the h&s neckline break long term bull run can be expected target 2 - 1900
What a bullish Marobuzu today in NSE:INFY . It's move will be decided on it's upcoming results.
INFY giving bearish sign ahead...... a 11% down flag breakdown ..... some supports are there better to exit for short term new shorts can be initiated upon retest based on price action
Market will take reversal tomorrow and expect gap up open.
we can see a accelerating triangle in the hourly chart of Infosys. the stock is consolidating in that range for 8-10 days which is also a good sign. We can expect weakness in sellers after it gives closing of hourly candle above 1530 so there are high chance of sharp more for 20 rupees above 1530 trade safe and at your own risk
Infy channel partern formation - chance for a breakout