WAIT FOR TRENDLINE BREAK.INFOSYS LOOKING TO TRADE IN GIVEN TRIANGLE PATTERN AND IT CAN BREAK ON EITHER SIDE. TARGET WILL BE PREVIOUS SWING HIGH OR LOW. TRADE ACCORDING TO YOUR RISK. THIS ANALYIS IS ONLY FOR LEARNING PURPOSES,by RISHAVA260
Short INFYRSI Overbought and flattened, at the peak, as per previous history, Stocks fall when RSI trades in over bought zone MACD ready to negative divergence. Stock can fall to levls of 1542/1500/1480 PS: this is just for learning, trade with consult of financial advisor. Shortby TechAnalysis123110
InfyPrice have to break the channel and sustain 1567 - 1575 for the targets 1586, 1598 and 1610.Longby vanathiUpdated 27
Infosys - Ready to smashInfosys is ready to smash the IT sector as it seems so bullish and now retesting the trend line, so give an entry with appropriate Stop loss 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single tradeLongby PrakWorld_Traders1
Infosys may go down to 1296 and then to 1260Infosys currently in down trend ,shows an head & shoulders pattern and may go till 1296 and then to 1260. Stop loss will be around 1373 This is only for educational purpose and not a recommendation. Lets wait and seeShortby Jeevakumar_moorthyUpdated 0
infosys is in consolidation zone after due to reach at high 1590Infosys is at reach at high 1590 after its in consolidation zone due to results on 8 june but infosys results always good so it breaks its highest point 1590 and reach at 1700 Longby alokranjann3
Infy- Fantastic 12% return in 4 weeksHad given Buy in Infy 4 weeks back. Fantastic 12% returns. Time to book 75% profits.by ngupta0
📊 Infosys At Resistance 🎯NSE:INFY whole IT sector at resistance and that i said few days back as well that IT sector Heading towards resistance. as per this pattern Potential Reversal Zone is PRZ 1 :- 1574.10 PRZ 2 :- 1584.90 Stop Loss :- 1635.10 so ultimately from PRZ 1 to Stop loss this whole Zone can act as resistance and to trade on this pattern you should have knowledge of reversal trading as Harmonic is all about ultimate reversal trading strategy. advantage here in this chart :- reversal candle at PRZ so we might get reversal trade in upcoming session disadvantage in this chart :- as per this Harmonic pattern stop loss is quite big so trade only on reversal. Learn . Apply . Grow ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.Shortby linesandlevels442
INFYIt has given a beautiful break out from trend line. Buy above 1570 TGT 8 to 10%. For educational purpose only. Kindly contact your financial advisor before entering any trade.Longby Universal_Trading_Station1
Infosys Broken Top ResistanceInfosys has broken the resistance at top. Only higher highs are to be expected now. This is further confirmed by significant volumes and increasing delivery percentage of the stock.Option open interest changes are also supportive of the bullish view. More new Call options seem to be written at the 1700 mark, and the new Put options at 1600 mark. With ~21 lakh Call contracts at the 1600, we can expect the stock to shoot up at 1600 due to short covering, Longby parableoftheox111
INFOSYSInfosys: Swing pick Method : Simple channel breakout Risk management : Remember odds of trade failing are the highest when the setup is just completed. Wait for the confirmation and be mentally prepared to buy slowly. If you scale in too quickly, you will end up losing more than you should Buy 30% of your position at CMP, and wait for the pullback, if tested with heavy buyers then execute your 70% position. Mindset : Don't bet too soon. Be patient The whole idea is to lose less money when you are wrong and to win more money when you are right Note= Trade with probabilistic mindset, no matter how much analysis you do there is always 50-50% chance. Our main objective is to '' Cut your losses short and let your profits run.'' Remember to be profitable you don’t have to be right every time, you just have to be right big and wrong small .Longby Indrajit088
INFOSYS: IntradayInfosys ready to give a fresh breakout of a wedge pattern. Looking at how the whole IT sector is going and the recent momentum gained by Infosys itself touching new all-time highs with every trading session, Infosys has more steam left. But for intraday, we must be prepared for both sides. keep target and stop loss for both directions handy as there can be some minor profit-booking also in the coming days. For target and stop-loss use your setup. by Aditya_Pal_Singh1