Infosys is building up positive information for investorsInfosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. Infosys is one of the top Indian companies and an Indian global MNC.
Infosys Ltd. CMP is 1879.80. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and Company able to generate Net Cash - Improving Net Cash Flow. The Negative aspects of the company are high Valuation (P.E. = 29).
Entry can be taken after closing above 1880 Targets in the stock will be 1943. The long-term target in the stock will be 1993. Stop loss in the stock should be maintained at Closing below 1732 or 1719 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Infosys
INFOSYS trading analysisInfosys the IT giant of India is going to form a reverse cup with handle chart pattern. The company although giving consistent profits has not formed a new high in the previous 2.5 years. Now after forming this chart pattern it may break its previous high. The buy point is 1910 an selling point is 2500. This will give a 31% return. The stock will achieve this target before 2025 Diwali giving a 30% return in approximately 15-16 months.
Hope you like my analysis.
Please do your own analysis before investing.
Do like and follow and share among your friends and family.
Thank you.
Infosys-Strong Buy-Swing/Short term
Buy
Target:1644
SL: 1518
1. Inside Candle breakout in Day TF & Week TF
2. 50% Fibonacci crossed in last downtrend.
3. Good Momentum candles in last few days.
4. Price reached last 3 months high.
5. EMAs crossover & Rejections.
6. Good Volume breakout.
7. IT Sector in good uptrend
INFY ASCENDING TRIANGLE IDENTIFIEDINFY has formed an ascending triangle pattern on the hourly chart. A bullish candle has closed just above the resistance level, indicating potential upward movement. However, for a confirmed bullish trend, we await a clear breakout above the resistance. It's essential to note that a bearish breakout would invalidate this bullish projection, emphasizing the need for cautious observation.
Infosys Wave AnalysisHey Guys,
Today, I would like to share some insights regarding Infosys' recent stock performance. Despite prevailing bearish sentiments since February 6, 2024, Infosys has surprised many community analysts, causing some predictions to falter.
Upon conducting an in-depth analysis, it became apparent that the stock has been undergoing a correction characterized by an irregular flat pattern. This pattern has created several challenges for traders, often resulting in unexpected outcomes and trapping many individuals in their positions. Allow me to elucidate the bearish sequence:
1. The first leg of the flat pattern, comprising three waves (abc), concluded on February 14, 2024, with a price level of Rs. 1635.50.
2. Subsequently, the second leg of the flat pattern, also consisting of three waves (abc), concluded on February 19, 2024, with a price level of Rs. 1711.50.
3. Following the completion of the second leg, the stock experienced a downward impulsive movement, culminating in a five-wave structure.
It's noteworthy that this irregular flat pattern is characterized by a subdivision of 3-3-5, exceeding the expectations of many traders and leading to lingering positions or exits triggered by stop losses.
Based on this analysis, there's a possibility that Infosys might reach a new high. Conservatively, we could anticipate a retracement of at least 61.8%. However, we remain optimistic about the potential for even higher levels beyond that threshold.
Thank you for your attention to this analysis. Don't forget to like, share, and subscribe for more updates.
Disclaimer: The above analysis is based on personal observations and research, and it should not be considered as financial advice. Always conduct thorough research or consult with a qualified financial advisor before making any investment decisions.
Short term Investment Idea | Infosys | 25% Upside Potential
Short term Investment Idea | NSE:INFY | 25% Upside Potential
✅ Buy Level - Rs 1485-1499
✅ SL - Rs 1431
✅ Target - Rs 1734 / Rs 1832
✅ Support on 200 DSMA
✅ Trading at the bottom of the parallel channel
✅ Completed Fibonacci Retracement of 38.2
Look at the chart for more information
Thanks
Thanks
INFY : Range bound // Below Gaps need to be filled.www.tradingview.com
INFOSYS (NSE: INFY) : It seems currently in a range bound of 1520-1570. Until it is not breaking 1520 at lower level, it is not going to fill the historical gaps lefts below. For higher side, it need to break 1570 to test its 52w high at 1619. The next target at higher side will be last swing high at 1660 approx.
Navigating Infosys: A Trade Insight
Currently, Infosys is making its way down to a 15-minute Demand Zone. Let's unpack this potential trade:
Zone Quality Check 🕒:
The 15-minute Demand Zone Infosys is approaching exhibits notable strength, characterized by a robust follow-through. This suggests a compelling setup for potential trades.
Intermediate Frame Exploration 🔄:
Zooming out to the 75-minute Intermediate Time Frame (ITF), Infosys finds itself comfortably within the zone, with the trend pointing upward. This aligns well with the broader context.
Daily Location Analysis 📊:
Shifting to the daily timeframe, which acts as our higher time frame (HTF) for location analysis, we find Infosys trading in an affordable area. This positioning enhances the appeal of the trade execution.
Trade Execution Plan 🎯:
Here's the plan:
- Entry: Enter at the 15-minute Demand Zone or slightly above AROUND 1445.
- Stop Loss: Place it below the 15-minute Demand Zone.
- Target: Aim for a minimum risk-to-reward ratio of 1:3.
🚀 Trade Insight:
This trade aligns well with the strength of the 15-minute Demand Zone, the upward trend in the 75-minute timeframe, and Infosys' affordable position on the daily chart.
📝 Note: This analysis is for educational purposes only. I'm not a SEBI registered analyst.
Trade Smart, Execute Confidently! 💹✨
INFOSYS a GOOD Buy from present levelINFOSYS is a top it services company in the world with consistent profits and has been a multibagger for many. It is currently 31% down from lifetime high which makes it a good bet in the short term. If has broken all its previous lifetime highs in the past to make a new lifetime high and this time also it will maintain its track record. It is a 44% gain to lifetime high.