Infosys along with a few other IT stocks are headed higher. There has been consolidation in a sideway pattern for sometime now. The next upmove should have Indian IT stocks as leaders
Infy trendline triangle breakdown this was our analysis we sold infy1! and made about 10k real quick
infy forming ABCD pattern of harmonics in last swing will watch prz zone level for watch for any reaction near them. always trade with money and risk management :)
Breakout failed trading on support . Bearshish cantrol can be seen till 1550rs to 1580rs . Best to wait for long term position.
Nifty View: Intraday volatility stays on the higher side as the benchmark Nifty index oscillated within a day’s range of 125 points. At a close of 17,386, it was a flattish positive close from the index, up just 10 points. On the daily time frame, we have clear signs of directional uncertainty thanks to formation of Dojis or small bodied candles. If banks...
In uptrend making HH/HL. Consolidation in daily timeframe and trading in channel in lower time frame. At important resistance level. If breaks and sustains, can go for new high. If reverses from resistance / channel top, can come down to support. To be watched for the direction which side it works.
Buy this gold of a stock, add more to your portfolio, I see immediate targets of 1800 at least if not beyond that in short term.
I request everybody to keep an eye on this. It's all set to make great moves.
Guys when i posted a chart I brutally trolled here. a lots of different ideas xyz pattern n etc comment by people but now its following my analysis. Reference chart here for your support.....
Im not a SEBI Registered financial advisor and above view is just for educational purpose only. im not responsible for your profit/loss. INFOSYS looks good for OPTION TRADING if it holds 1330 level add more at 1330...
The Infosys chart shows a very clearly visible Cup and Handle pattern - indicating continuing strength. Look for new highs towards the indicated target region