Buy Infosys above1425 for target of 1490Infosys is at crucial support and it is ready to make a upward move if it breaks 1425
It is only for educational purposes do your analysis first I am not sebi registered
Infosys
COFORGE, RSI DIVERGENCE!!RSI says everything, and its divergence is a great strategy to go bullish on the stock. currently IT sector is also trading down, i have uploaded its idea many at times. so anyone can go long on this stock, the dark 2 black lines are the range where we need to start looking out for the stock for some actions.
INFOSYS - LONG FutureHello all,
if you see infy have reached bottom made post 18 April ( 5 months) but low is not below it.
On fundamental with with FY24 EPS as 65 and PE 20 = 1300, we can take risk of 150 points.
My plan is make future long with no call writing for now.
Risk is 300 *150 = 45000 /-
Upside = 300 *300 = 90000 /-
if anyone is interested can try this.
ideally I write Infy call for 1400.
Its a risky bet
Infosys Infosys an it sector company falls in two weeks may we can see a consolidation then give upper side breakout or may give breakdown below the supporet zone....depend on price action we have to wait
Infosys - ShortShort below 1370, T1 - 1355, T2 - 1342, T3 - 1330, T4 - 1321…… SL - 1390
A good average point for long term investors around 1300 and 1200
No buy trades as its very risky
My view on #INFY Infosys ltdMy view on NSE:INFY
As per my view Infosys can retest level of 1401, then make more correction till level of 1233, which is very strong support level and best to enter for long.
Note: This is my personal analysis, only for learning.
INFOSYS, TECHNICALS and its WAVES!!INFOSYS is showing a RSI DIVERGENCE, with H&S.
i have drawn correction waves, after that it needs to get its bull run, since from past few days, nifty IT, IS getting corrected a lot, because of American news, so this made its bearish trend to continue, and reach its support(which started before the bull run).
this month will be a bearish nature of INFOSYS.
Nifty Levels & Strategy for 15/Sep/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
Nifty is slightly down by -66.3 points. Today, Nifty has broken down 18K level but finally closed above the 18K wall of significant open interest. PCR is down from 1.32 ( bullish zone) to 1.1 (buying zone). Today, big players have turned the tide in their favour. Every retail trader is shocked to see Nifty’s performance. Nifty closed above 18K level against the odds when all of us were expecting it to close below 17800 level
Highest open interest on call side at 18100 (Shifted down from 18500 to 18100)
Highest open interest on put side at 17900 (Shifted down from 18000 to 17900)
BANK NIFTY
Surprisingly, Bank Nifty is up again by 532 points in spite of severe fall in US/Global markets. Bank Nifty has closed 4th time in a row at new lifetime weekly high. Bank Nifty PCR at 1.62 has reached in overbought zone. BN , now trading at walking distance from lifetime high. I am really amazed with big players performance. Initial gap down was bought in few mins and then non-stop rally with profit booking in last hour. Right now, bank nifty has reached into overbought zone.
Highest open interest on call side at 41500 (Shifted up from 41000 to 41500)
Highest open interest on put side at 40000 (Remained at same 40000 level)
Shall we look for buy on dips opportunity near support level & trade with strict SL? What do you think?
Please do share your comments. Have a very happy, healthy & profitable day ahead!
Nifty IT Levels (Support & Resistance)Next Nifty IT Support & Resistance Levels On 1 Day Timeframe
NSE:CNXIT
Infosys levels & strategy for coming days?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Dow Jones has taken nose dive and closed with deep cut of 1000 plus points and Nasdaq closed below 500 plus points based on outcome of Jackson Hole meeting.
Is Infy trading in support zone & ready to take reversal to support index? or
Will these negative market sentiments push Infy & other IT stocks further down?
Is Infosys trading direction is negative? Infy has formed inverse flag & pole pattern. Will Infy achieve pattern target in coming days?
Shall we look sell on rise strategy till global cues are negative?
Shall we invest in Infy in small-small chunks for long term in case of decent corrections/near 52 W low from current levels?
Please do share your comments as well. Wish you all a very happy, healthy & profitable days ahead!
Infosys levels & strategy for coming days?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Dow Jones has taken nose dive and closed with deep cut of 1000 plus points and Nasdaq closed below 500 plus points based on outcome of Jackson Hole meeting.
Will these negative market sentiments push Infy & other IT stocks further down?
Is Infosys trading direction is negative? Infy has formed inverse flag & pole pattern. Will Infy achieve pattern target in coming day?
Shall we look sell on rise strategy till global cues are negative?
Shall we invest for long term in case of decent corrections near 52 W low from current levels?
Please do share your comments as well. Wish you all a very happy, healthy & profitable days ahead!
a great RECOVERY in INFOSYShey guys ,
we are seeing that IT SECTOR was in a complete state of RECESSION,
but now this sector has recovered and showing signs of UPTREND
therefore,
IT SECTOR'S main stock - INFOSYS ,
this stock is showing the signs of recovery ,
this stock was moving in a downtrend and now this stock has crossed it's RESISTANCE
and now it has RETESTED and has shown a great big GREEN CANDLE .
therefore, try to grab this opportunity and earn high returns.
also , the 20 day ema is above the 50 day ema
which show's that this stock is in a uptrend
Infosys intradayIf market opens sideways and breaks 1590 level then we sell with R:R ratio of 1:2 and sl=7
Perfect break-out on XABCD PATTERN Trade according to your risk appetite
0.886 is an important level for target
INFOSYS FORECAST FIB RETRACEMENTUsing the Fibonacci retracement levels we notice that we have 5 significant points leading us to forecast that after reaching the resistance at 1606, the price will drop to around 1520 then will rebound to the level of Fibonacci at 1664.
Swing trade in INFOSYS LTD.so on the chart, I can see a good swing trade in INFOSYS LTD, as it is on a resistance level of 1435, and if this level breaks and sustain on Monday we can see a breakout also there is forming W (Double Bottom) pattern and high volume which highly indicate good support to break for the upside, and if it sustains upside we can take swing trade for 1-2 weeks and target will be 40-50 points.
INFOSYS LEVELES ... D Candle (27.07.2022)INFOSYS may going to form inverse H&S patterns ,once its conformed we expect 1600-1700 levels in short term
Infosys daily analysisif market opens sideways then with R:R ratio 1:2 we can buy on breakout of resistance with SL of 7-8 points
Infosys Futures Key Trading level 28th June 2022Infosys Futures Key Trading level 28th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
Infosys Futures Key Trading level 24th June 2022Infosys Futures Key Trading level 24th June 2022
Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views.
Please consult your Financial Advisor before making any trading decision.
Leave a comment that is helpful or encouraging. Let's master the markets together.
