Double Bottom pattern in INFY.Discription:
Stock Name: INFY
Chart Pattern: DOUBLE BOTTOM PATTERN
Time Frame: 1D
Entry: Reversal from support level
Breakout above 1630+
Targets: Reversal Target 1630+
Breakout Targets 1900+
INFY trade ideas
infosys daily chart indicates support around 1370 and 1320 good time to start buying with 50% now and accumulate at lower level also.
Infosys analysisInfosys LTD
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Price & Volume relationship
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Volume supporting Daily & weekly decline
Candle theory
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The current candle overtakes the previous candle and the Possibility is high (Daily, Weekly & monthly)
Conclusion: Yes we can.
INFOSYS (HEAD & SHOULDER BREAK DOWN)INFOSYS
On Daily Basis Time Frame the Stock is already in Bearish Mode and Today it has given a Good Break Down of Head & Shoulder Pattern which shows that Stock is going to fall further.
So as per Chart the Stock looks in Bearish mode and can be shorted as per the levels given below:
CMP - 1432.80 or SoR 1445
Target 1 - 1375
Target 2 - 1313
Target 3 - 1251
SL - 1475
Time Frame - Short to Medium Term
All charts posted here are only for EDUCATIONAL PURPOSE
Before entering into any Trade / Investment Position kindly consult your Financial Advisor
infosysinfosys ....
1 - forming h&s pattern
2 - price trading below 100 and 200 ma weak
share
3 - rsi 38 good for sell
4 - good selling volume
sell below day low for target
t1 and t2
#infosys blue chip stock day chartmost of the IT stock is in down trend
bcz of high value of the it stock
infy is in down trend
and near support is 1400 and panic support is
1250
INFY Long position with strict SL.Educational purpose only!
Brutally beaten stock making a humble reversal with a breakthrough by closing above 1500+
SL: 1480
Target1: 1550+
Target 2: 1600+
INFOSYS AGAIN??INFY finally breaks out of its long term resistance zone AGAIN after breaking past the 50EMA on above average volume.
Very favourable risk to reward with the stop loss below the 50EMA
Target near the recent breakout high.
Keep It Simple
Infosys - Possible Wyckoff accumulation scenarioKey highlights:
⚡️ Consolidating in the weekly demand zone for the last 4 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 17 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 1730 zone. If the price manages to push above the range high, expect 1700 and higher in the coming weeks.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Will NASDAQ's short run move INDIAN IT stocks? I'm not sure if the bear run is over, but it'd be good to find stocks for swing trading and to pump money into Mutual funds and long term holdigs.
will the momentum push infy towards sky?
Why Its time to go with INFY now I am sharing INFY chart on weekly time frame.
The idea is to trade this stock for few couple of weeks.
Reasons to pick this stock are:
1. On weekly time frame we have bullish engulfing candle stick pattern.
2. What I observed is, the stock has stopped making new low . The last low is in the month of June.
3. With the help of harmonics XABCD Pattern , we can calculate its probable next swing which comes around 1860 .
So we have a great risk to reward ratio.
risk is your SL which is 1438.
Final target is 1860.
Trust these simple things, like candle stick pattern, they do work..specially on weekly time frame.
Varun Beverages LtdVBL with Donchan Channel Explaning Varun Beverages Limited stock in equity segment with the Donchan Channel strategy for holding long term
INFY ON BUYSIDEHi.,
infy breakout on day chart after long consolitation..,
buy at current market price keep stop below 1525 day close basis target of 1660
the pattern is BOX or we can call at as triple bottom..
SL hunting also there ..,if hunting in stock it will move fast & furious
keep watch this for long side
thank u
INFY at a huge Risk to Reward opportunity !!Monthly TimeFrame : OverSold zone
Weekly TimeFrame : Accumulation
Daily TimeFrame : At a Orderblock
Infy trade setup for tomorrow after a sharp fall in it sector might chance of short covering in it sector all levels in given in chart
Intraday pick stocks for 25 augustInfy looking weak. Desending triangle pattern. Sell below 1533 Stop loss 1541 and target 1520.
Infosys - Looks Good for target 1680Infosys looking very good with rounding bottom pattern. May buy for easy target of 1680.
{Educational} ... Fight in INFY.......! Hello Everyone ... I m going to share one of my observation , may it will help all of you for understanding one of the way in which price flows ...........
Stomach Pattern Definition and Action.
1) Above Stomach Pattern
•What is Above Stomach Pattern ?
The above stomach pattern is a two candlestick pattern which evolves over a period of two sessions. It requires a existing downtrend and usually appears at the bottom of a downtrend.
• Psychology Behind Above Stomach Pattern.
The first day of the pattern, bears are still in control as we have a confirmed downtrend. Second day, price opens higher above the mid of point of previous filled candle and also closes above the mid point .This clearly indicates that sentiments have changed completely and further buying will happen in coming sessions.
• How to Trade Below Stomach Pattern ?
- Decision :
In case of Above stomach pattern,traders should start looking for buying opportunities, buy price should be around the close price of hollow candle after the filled candle.
- Stop loss :
What if the market reverse its direction after printing the above stomach pattern? The lowest low of the two candles making above stomach pattern will act as stop-loss in case that happen.
2) Below Stomach Pattern
• What Below Stomach Pattern ?
The below stomach pattern is a two candlestick pattern which evolves over a period of two sessions. It requires a existing uptrend and usually appears at the top of a uptrend.
• Psychology Behind Below Stomach Pattern
The first day of the pattern, bulls are still in control as we have a confirmed uptrend. Second day, price opens lower, below the mid of point of previous hollow candle and also closes below the midpoint .This clearly indicates that sentiments have changed completely and further selling will happen in coming sessions.
• How to Trade Below Stomach Pattern.
- Decision :
In case of Below stomach pattern,traders should start looking for selling opportunities, sell price should be around the close price of filled candle after the hollow candle.
- Stop loss :
What if the market reverse its direction after printing the below stomach pattern? The highest high of the two candles making below stomach pattern will act as stop-loss in case that happen.
• Main Points to Consider
• If it appears at support/resistance , it will make for high probability setup.
• Pattern with large body works better compared to the pattern with short bodies.
Infosys long tradeOn regression rend, it has made bottom at the low and it is poised to move North. Any closing above 1489 then it will fill the gap on daily chart.
Infosys Ltd - ShortInfosys CMP is at Resistance level. Bearish reversal pattern (Hanging man pattern) can be seen and the RSI indicator also indicates the overbought zone. We can expect an trend reversal from here.
*Educational purpose only!
Infy- InfosysInfy- It formed clear Tripple Bottom and also Ascending Triangle Which shows its ready for the up move as market as Target
Disc- Only for Learning Purpose and not a trading Recommendation.
