#Infy cash : Long only above 1530.10#Infy cash -Positional call
30 May 2022
Looks good above 1530.10 and
dips 1510-1512
stoploss 1490
Target 1580-1600
Cmp 1526.80
INFY trade ideas
Infosys Go Long On 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 .
Price action strategyIt's almost done 1/2 risk reward ratio its perfect for making a day in a traders life.
Infosys AnalysisAccumulation phase has started. Institutional investors have started to buy the dip.
Professional selling range:1708-1920
Buying range: 1590-1640
Hold Period 3-6 months.
Target: 1866(Fibonacci Retracement)
Rational: Accumulation/Distribution Technique, Price below 50 Day Exponential Moving Average
NSE:INFY
Infosys Chart Analysis !!📈 Infosys 📉
My Findings :-
1. Breakdown of Strong Support Zone of 1660-1680 with GAP.
2. Lower High and Lower Low Formation.
3. Close Below Seven Months Low.
4. But IT Index at Support. To get more confirmation can be waited till IT Index Breaks down. Check IT Index Chart below for reference.
Bias- Short
Target- 1541, 1441 and 1313
SL- 1760
RR- 1: 2
IT Index Chart :-
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Cautious !!Earlier support line is acting as a Resistance line.
Enter only when Resistance is broken for target 158, though momentum shows uptrend, Short term trade to be done on caution.
#INFY - HARMONICS PATTERN#INFY - BEARISH REVERSAL HARMONICS PATTERN
CMP : 1455.15
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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BULLISH HARAMI PATTERN IN INFY.As one can see, there is a bullish harami pattern in nifty which means one can go long in INFY keeping the stoploss below mother red candle low or 1400 as per your risk appetite, with a target of 1540 which is almost 1:2 RR.
Be quick and agile in booking your profits as this is still in a downtrend and the global scenario is still the same.
There is positive RSI divergence as well, which indicates there is a slowdown in selling.
CURVED TREND LINES AND support and resistance zones its aa consolidation period now, breaking the trend lines its going in that direction. looks positive momentum
Infosys Expected Bottom Out levelInfosys Expected Bottom out level 1430 to 1290
concentrate in this level
See Infy to stabilize @1380 - 1320 zone in upcoming days.nifty it can drag nifty a bit more in upcoming days.
Where is the bottom? 1300 may be ?Long term trend line restest
A breakout below 1480 . Can bring it done to 1300
Infosys trade setupGo long with $INFY shares at current market price, SL on closing below 1532.30 and target 1780/1800/1850.
Infosys log side viewInfosys long side view
12 point up move possible
Please follow my sl
God bless 😊😊
INFY IN DESCESNDING CHANNEL.Infy seems to be moving in a descending channel, looks weak but if breaks the channel in either of the sides then it can offer a good momentum to the breakout traders.
Will INFY ReverseEnding daigonal supported hidden bullish divergence, watch out for reversal till 1630/1660
POSITIVE DIVERGENCE; INFOSYS# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.
infosys daily time frameinfosys on daily time frame
entry and stop loss
RSI bullish divergence
just for education not trading purpose
INFY DESCENDING PATTERN FORMEDhello! price action trader
infy
1) trend is downtrend
2) descending pattern formed 5min ,15min 30min, 1 hour.,
3) then use it, taken profit.
4) goodluck.,
INFY retraces from supportThose who invested in INFY can allocated another 10% now as it has retraced from support. It doesn’t mean that now INFY will be making higher highs. We have to play it safe. Add more stocks as it retraces another resistance or supports.
#infosys #infy At support NSE:INFY
As we can see Infosys stock at one of major support even RSI Divergence seen on daily time frame, we just need price action conformation for Swing long.
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
