Symbol - INFY
INFOSYS is currently trading at 1445.
1450-1400 is a good support area for INFY.
I'm seeing a trading opportunity on buy side.
Buying INFY Futures at CMP 1445.
I will be adding more if 1425 comes & hold with 1395 SL.
Targets I'm expecting are 1495 - 1570 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing...
The stock is forming a rising wedge pattern on the daily chart. This time at the lowest edge of the wedge. If bounces back from these levels, a bullish run may be seen.
Currently at 1475 around. One should exit if sustains below 1460 ( below the wedge formation).
This illustration is only my point of view, for learning and sharing purposes, not a bit of trading...
I have analyzed based on waves, candle stick, high & low price. And based on that I am able to project this target(Apple). Tomorrow is the result for Infosys also. Always maintain a SL. Target is 1369
This is for study purpose only.
Concepts Of ICT
A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved.
Technicals and smart money gave the signals of a drop in Infosys before its earnings.
Some would say its a " Head and Shoulders"- not...
Infosys chart pattern look interesting.
Trading near weekly 200EMA
Breakout from bullish pole-flag pattern
Pullback to recent breakout level
I will bet on long side and will accumulate at these levels
Wait for a pullback candle in weekly chart for better assurance. This will give more confidence to investors
Infosys is making a Double Bottom chart patter at DAILY CHART. Made a Hammer Candle on 4april and made another 2 candles under it, good RSI divergence, probability of going up.
For my learning and digital records purpose only.
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...
descending triangle bottom trendline broken. if falls continue
next support will be 1430 and 1366.
I shared this idea for learning purpose only. Tread with your own risk
I'm not Sebi registered adviser.
Analyzed the high , low , trend & Candles stick. Add Gann level also and came to the present projection. Target is 1369. And it may or may not come tomorrow. But always maintain your SL as well.
Please share your experience and feedback. So that i come to know is it helpful or not. If it is helpful please do share it with your friends as well. If you need any...
As result is there in Thursday. I have analyzed and projected the price based on trend, candle sticks, Gann angles. Every Infy result made impact of-60rs(except 2, it went up). That is also i am considering. Target expected is 1369
Company:- Infosys Ltd.
Sector:- IT (Information & Technology)
M Cap :- 6.14T
Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the...
I have analyzed based on price range, high, low, and trend in weekly TF. And project in the past week. Please do share with friends and like & follow too for others benifits.
Price price breaking the resistance zone now resistance become support area
price near Fibonacci retracement level, 61.8% .
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.
Long swing trade in infy
Entry above 1513 daily closing basis
SL 1475 daily closing basis
Please refer the image for targets
have a profitable trade everyone.... :)
With interest rates expected to fall in US, biggest beneficiary will be Indian IT industry due to revived IT spending. Infosys is my top pick with tgt of Rs 1900 in next 12 months.
I have analyzed and prepared the chart using trend, Gann level & price waves. Price has tried bounce back last week. But it has respected the resistance line and it returned downward. Green apple is the target.
This is for study purpose only not recommendation.
