INFOSYS - TRIANGLE PATTERN - MONTHLY CHARTInfosys has given Triangle Pattern breakout at monthly chart, looks positive as per Price Action.
For learning and educational purposes only, not an advice.
IOY trade ideas
Infosys - Breakout(s)Infosys :
Good breakout(s) observed
Looks great for a strong move
Long only above 1775 with support at 1710
Amazing breakout on Weekly / Daily Timeframe - INFYCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
PS: No new Nifty500 script can escape from me when making a breakout. :-)
SellSell infy on rise around 1760 and 1800 stop loss 1840 target 1- 1660
Disc : It's not an investment advise to buy or sell
INFOSYS LTD LONG Key Points to consider-
1. The stock finally showed a multi-pattern breakout from the ascending triangle and the
rounding bottom pattern in a weekly time frame.
2. Good volume buildup can also be visible for several weeks.
3. Entry can be made upon breaking the previous day's high levels of 1739.
Disclaimer- This is only for study purposes and not a buy recommendation
INFY Elliot wave based predictionsThe quarter01-24 result and mgmt commentary on guidance can pull INFY into a new bull run cycle to take it above LTH as per waves drawn on the chart.
IT index is looking good on chart and it can not move beyond LTH if INFY do not contribute well so expecting a good show by Infy this time post results unlike every time when it falls badly post results.
* It is not a trade advise but technical analysis shared based on my understanding of patterns and personal experiences, please take any trade with applying your analysis and at your own risk.
A Technical Breakout on the Card for Infosys.The stock is short of giving a Rounding Bottom BO on Daily Charts.
Keep the stock on watchlist for a buy at close on Daily chart
on a confirmed Breakout & Retest.
PT - 1950/2140.
SL - 1715
Daily Charts.
Infosys and Atul Ltd. Showing High Rise In Future OIINFY
The stock price was strongly rejected near the 1,730 level and experienced a significant drop.
Later on, the stock found support near the 1,380 level and started to climb.
Once the price broke through its trendline resistance, it made a sharp upward movement and reached its previous resistance area.
Due to the rising volume, there is an expectation that the stock could break through the resistance and continue to move upward.
Additionally, the MACD indicator is showing strong momentum as it is trading above the zero level.
ATUL
The stock has been on a downward trajectory, consistently creating lower highs and lows.
A recent breakthrough of the parallel channel has been noticed, accompanied by a rise in trading volume.
Moreover, the RSI indicated a divergence amidst the downtrend, with the current RSI standing above 70, indicating strong buyer momentum.
There is a potential for the price to move upwards from its current position.
INFOSYSbuy before the results sell after the results possibilities
only buy if stock give a fall instant in 1hr of 15 jul other wise live it or risky traders can take a trade with sl over all sentiment is good index rally help this stocks to gain .
Infosys on the verge of bullish breakoutlong term bullish breakout expected in Infosys as per chart analysis. dont take this as an investment advice. do your own analysis before investing.thank you
infosys bullish flag and parallel channel break out.12.1.2024
parallel channel break out on Weely chart and
bearish engulfing candle formed on today.
also has taken support from 13 days ema level
next target narrow range R1 1714
It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Infosys long term buy given near 1385 1710 Target hit Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys cup and handle and Elliot wave view- cup and handle breakout done
- parallel channel breakout done 2nd time
- pole and flag breakout done
- Elliot wave 4 reached wave 3 level
- trading above ema cross over
- weekly narrow range R1 reached
This analysis is my own idea.
I don't recommend taking trade based on this idea.
Know the market risk before trade.
Infosys Ltd Analysis!NSE:INFY Analysis on a Daily Timeframe!
Double Bottom Pattern formation in Infosys Ltd!
Double Bottom Pattern/ W Pattern Formation with RSI Divergence!
Analysis:
As we can see in the chart NSE:INFY started falling down from Feb 2024. It was in clear downtrend. After that it has made a double bottom pattern but it's second bottom is lower than its first bottom, so I have added RSI indicator to get a confirmation about Divergence. We can see a clear divergence while price falling down RSI moving upwards so we can expect the price will move upwards in the upcoming trading sessions. I have marked all the important levels on the chart please have a look.
Trade Psychology and Setup:
Entry = Current price level is good to Enter
Target = 1607.65
Stop Loss = 1460.50
Disclaimer = Consider my analysis for Educational Purpose only.
Before entering into any trade -
1) Educate Yourself
2) Do your research and analysis
3) Define your Risk to Reward ratio
4) Don't trade with full capital
INFY - BULLISH ON LONG TERMA level of 2000 is waiting to be tested, breaking the last range of 1900-1980. For that, INFY must cross and break the current channel. Anything below this range is a buy point at the dip, with a stop-loss below 1500. A 15-18% return is expected if the market stays at or goes above the current level and close above 1750 level so can invest more with a pyramid law -
INFY INVERTED HEAD AND SHOULDER PATTERN READY TO BREAKOUTINFY was showing long term inverted head and shoulder pattern and it ready to breakout.
At ResistanceTwo Patterns
Symmetrical Triangle - near resistance
Rectangle near resistance
Wait for Breakout with good volume
There is resistance , Monthly/weekly RSI near 60, may resist here, but if crossed, very good targets
Buy on breakout or retracement ( RSI taking support at 60 in daily TF) could be useful
Educational purpose
Infosys will dive you in the sea of Profit !!! check out Hi Guys!!!
IT is doing good so do the infosys... Infosys is giving round pattern breakout. I recommend to buy at the level of 1617 to 1640 for the positional target of 1800. The hold time would be around 6-8 months. The SL will 1585.
Thanks
Infosys long term buy holding from 1385, 1650,1700+ Target Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFOSYS 1HRINTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
INFOSYS Looking good for upside..
When it break level 1566 and sustain.. it will go upside...
BUY@ 1566
Target
1st 1575
2nd 1588
INFY JUL FUT – LOT 8 (Qty-1400)
MINIMUM 10L CAPITAL
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
@TradingView
INFY NEARING BUY ZONE.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.
Infy: Inverted Head and Shoulder's PatternBullish pattern
High Volumes
Support 1495
Resistance 1635 / 1705
Almost a Bullish Marabozu
Breakout Stock: InfosysBreakout Stock: Infosys
7 week consolidation
Followed by a breakout,
Retest done
Ready to break out.
Target: 1720+
