I have analyzed the Infosys and mentioned levels are to be observed. It for short term. I have mentioned target and stop loss. Tomorrow it will be opening 15-20 points plus upside. Please not this is only for analysis.
I have shared my view on Infosys for swing trading Please look into and add comments
As per daily chart set up, 1. Positive crossover seen in MACD below the centre line. 2. 3 months falling channel taken support at 1400 level. 3. Reversal is likely to come as two consecutive green candle seen in chart on daily time frame. 4. RSI is 40 which has changed its downtrend and started rising in upward trajectory. 5. 1448 resistance once...
Support- 1440 Resistance-1420 Trade with levels and risk management for upcoming days.
INFY is trading below long time support/ trend line and is expected to retest previous highs given IT industry needs to bounce back as it forms the back bone of banking and other tech related sectors. BNF & NDX are near record highs. hence it should be a just a matter of time when this bounce back happens. Time to take delivery of IT stocks - Large cap IT...
Daily chart I detect a range zone. We are below the average price of my algo. Make up your mind.
Infy has been bouncing off the Resistance turned Support zone between 1355-1370. The CMP is 1420. Just another 50-70 rs to reach the zone. Safe traders can wait for it to reach the zone and bounce with a Bullish candle. Keep on your watchlist.
going by the chart Infy is at support - S1 and S2 which is stronger support area. This could support Nifty if demand comes in for Infy shares in coming days.
In this recording infosys pattern has been told. It might take more days then mentioned, but the patter is quite visible and its due for a breakthrough. follow for more updates
I have analyzed the Infosys price based on Gann level. I have also included recent trend. Currently we are in downtrend and there is not even one Green candle is visible in weekly TF. So that make me little projection that it will go down till 1369. But I will be more vigilant and keep the stop loss. Analysis is my passion & I am doing it for study purpose only....
This is just an observation. Not indicating at buying. But according to the technicals infosys may be bottoming out.
Hi, this is just an OBSERVATION not an advice. Infosys is a great company AI leader in india. which seems underrated. #finance #infosys #technicalanalysis #stockmarket
It could become a trigger in coming time for a higher momentum in stock.
INFOSYS LTD Analyasis on 02 May 24 trying to formation of Head & shoulder Best buying Level now4 best stocks for long term keep stoploss 1200 target 1500 - 1600 - 1700 - 1850 - 2000
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...
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...
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...
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...