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.
IOY trade ideas
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.
INFY building LongTranch1 - 49 shares at 1545
1. Market is in what stage - Identified by what kind of highs and lows that are being formed + movement of price w.r.t 21, 50 and 200 EMA
Price in range since Aug 2021, now started decline on 6 May i.e. broke previous support, will build poistions at major supports
2. Is there any trend reversal in play?
1. Multiple divergence confirmations on MACD , RSI and MFI? No
2. At important support or resistance - horizontal - Yes - 1564
3. At important confluence of EMAs + price + support - Yes - Weekly 50
3. How are the candlesticks behaving and what is the volume doing
Candlesticks -LL LL
4. Is there any trend continuation in play?
Currently dropping, may drop more.. next big support 1369
5. Is there any pullback or breakout in play with volume confirmation from a strong horizontal level (support or resistance)
No
6. Fundamental factors in play
1. Revenue growth - EPS vs PE ratio - last 5 years comparison - EPS rising quarterly + Yearly... PE lowest in last 6 months - revenue and profit growth very strong
2. Are institutional investors/promotors increasing their stake - No major change, all constant
INFY forming inverse H&S patternBUY INFY above 1565 breaking out of inverse h&s pattern on weekly timeframe. TGT 1690/1720. invalid below 1540 on two days closingbasis
Infosys Breaking Out from Consolidation Infosys Breaking from consolidation after long time, One can go long for a swing keeping a stop loss of 1499/-
Stock Also forming higher high on 1h time frame with Cup and Handle breakout with decent volume.
Infy Fib levels for swing trade (Learning purpose)Infy Fib levels for swing trade, let the the hourly candle closes above the entry point to take a trade
INFYNSE:INFY
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Infosys lTD to take long entryNow turn for IT sector booming. Long after the BO of Inverse head and should pattern after the BO of Neckline. For the very huge target with minimum risk. Very good risk-to-reward trade setup. This is for your educational purpose only.
Infosys|long|10% to 05% Target.Enter at support level after correction.
1. First Target at 1633 (Safe).
2. Second Target 1650 (Risky).
3. Third Target 1660 (Highly risky).
Take targets according to your risk appetite.
-----Stay tuned for any change/regular updates on trade.-----
Infosys weekly chart pattern trend will infosys go further up as per pattern trend moving average if cross ?? to reach level from where it break down and completed down move expected level and from there it going up. observe to learn only . no trafing call as any negative awntiment may give heavy loss .
infy looking goodswing trade in infy above 1560, infy going long along with nifty we can grab the opprtunity
InfyInfy CMP 1556
though Infy is rising ...
but the structure is as such ...
if Infy trades below 1544 ,
with trend and candle turning Red...
Recent high as sl...
Possible tgt would be black line...
Just a View!!
Vedang :)
INFY a good time to BUY / GO LONGInfosys has given a range breakout of Head and Shoulder Pattern , and we have got a closing also outside the range, so this is a good price and time to enter LONG.
Risk Reward should be at least 1:1
infosys a short period bull viewbull for the next few days if nifty performs well.
enter after range breakout
Infosys BullishInfosys Seems inverted H & S in weekly
concentrate for short term, swing etc
if price sustain above 1550 in daily
Infosys Infosys' long-term trend is very strong, it takes bounces from the 1400 level which is 38.20% of Fibonacci retracement with solid volume
Infosys analysisBO can happen because the volume is supporting the price movement.
Good RR we can catch here.
Bullish view on : INFYNSE:INFY
Let see the price action = ascending triangle pattern formed + good volume
1 target = 1650
fix your stop loss as per your R:R.
let tell your opinion in comment section.
like & share....
INFY - LONG - 10% upside potentialINFY has given inverse head and shoulder pattern breakout at 1530-1540 levels.
Can look at initial target of 1680+ levels.
Usually this pattern is formed at the bottom on downtrend which depicts trend reversal, so it is good to buy INFY for investment as well for ~6 months horizon with recent high of 1900 as initial targets.
