Stock is trying to break Resistance level many times but always failed, we can expect this time break and move fast.
Good day :) NIFTY IT has given a range breakout with a strong Marubozu open candle. Most of the IT stocks are performing really good and most of them are giving breakouts. I have identified one of the most strongest stocks of the IT sector which holds a weightage of more than 7% in Nifty. The stock is INFOSYS. This stock has been in a channel since May 2022. In...
In the Weekly chart of INFY, we can see that it is respecting the last resistance. We can see an Up move once it creates a Halt candle at last resistance. Go Long till 1900-1950
inverse head and shoulder activated in INFY on daily timeframe with probable 7 % upside
The stock has made a double bottom pattern and given a strong closing today. Buy above 1650 level for both intraday and swing. Intraday target 1660, 1665. Positional first target 1725. Carry only on day closing above trigger basis. Learn & Earn, Dr . Tanya Kumar
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...
-A head and shoulders pattern is a technical indicator with a chart pattern of three peaks, where the outer two are close in height, and the middle is the highest. -A head and shoulders pattern—considered one of the most reliable trend reversal patterns—is a chart formation that predicts a bullish-to-bearish trend reversal. -An inverse head and shoulders pattern...
on Daily ,Weekly and Monthly looking good ,on all time frame in flag patrren and strong part is also up trend.
Infosys on daily TF triangle breakout. can expect to touch previous swing of 1628 and 1663
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
Infosys Face Strong Hurdle Near ~ 50% Fibonacci Retracement Level, Sell Positional~ 1515, Stop ~ 1550, Target ~ 1425, Expected Target Jan Expiry.