Indian IT still going downIT stocks continue to fall since it results come out.
in current scenario the Infosys stock is still bearish
Supports are same, resistance is low.
Infosys
chart analysis of InfosysHere we analyze the price chart of infosys. you can take a look at our analysis then customize your trade.
INFOSYS In 15 min chart 19 aprilINFOSYS 15 min chart pattern
trying to make double top pattern inside tringle
so we can wait for breakout
Nasdaq - Side ways movement predictionNasdaq - Side ways movement prediction.
The current movement will retrace to the next swing.
Note this is only for educational purpose.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe markets fell yet again, this time owing to HDFC twins and Infosys. Nifty is at 50 and 200 MA, let's see how the week shapes up. What's your view?
Infy changed its levelsInfosys has changed its levels now
Earlier the stock was moving in support of 1660 levels
Currently the stock has managed its support levels to sustain at 1835 levels
Further, if the Support 1835 levels and resistance of 1890 manage to sustain.
Stock can see further breakout.
Infosys bull run - continuation or Declining phase startedSo far last 15 months investors were riding on the nice acceleration wave gaining almost 350-400% from March lows (like most other fundamentally strong companies). Look how beautifully it has been on the upside from 30WMA. Last 2 months were bumpy ride. It broke on 30wMA once and then hover to regain MA line . This week it has broke MA line for another upside but missing component here is VOLUME.
What are two possible scenarios here ?
(1) Momentum will regain and will continue being participant of stage 2 advance. in that case, new investors entering here need to respect 30WMA as a stoploss. Once it regains HH-HL , trail your SL to previous lows .
(2) Second option is if this again moves back below 30WMA and MA line starts on negative slope, then a short entry can be made here again with 30WMA as a SL and once it forms LH LL structure, keep trailing SL to prevoius highs.
Key component of your trade decision here should be following :
(1) Overall market structure should be in line with your direction
(2) particular sector should be in line with your trade
(3) respect your decisions with appropriate SLs.
(4) remove hope from wrong trade and exit without fear.
Wish you all good luck and if you like this analysis please do share for more reach.
Happy Trading !!
INFOSYS Negative TrendINFY if break down 1670 it will come down upto
1550
i expect 10% fall from current price of 1720
Best buy zones for #Bottomfishing in Infosys. #infosys Best Buy Zone: 1450 - 1594
Good Buy Zone: 1594 - 1663
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
Infosys BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
INFY/NSE Technical Analysis INFOSYS Shared The Same Chart On 7th of Jan 2022 INFY was Around 1880 and After Its Was Break
You Can See Fall In INFY CHART
We can See The Gap Filling but its depends on various Factors
Disclaimer: Its Just for educational purpose only
INFOSYS - Good results declaredWell !!! the result says it all........
Over the days to come as we would end the financial year we should see some more good postings when it comes to the results section.
Hopefully ease of business will be much improved by the slowness in Covid-19
A good stock to accumulate as IT has a very bright future in the coming year ahead !!!!
V Shaped recovery for Nifty in progress?Certainly looks like V-shaped recovery is on cards. Two key resistances in the path of V-shaped recovery are 18243 and 18343. The supports levels from the current closing price of the day are 18125 and 17957. Below that range 17494 which is 50 EMA will be major support. Bears might take control of NIFTY below this range. Three IT companies and their performance this evening will be key factor for the coming two days. Infosys results seems to be above par. Increasing COVID19 cases and Hawkish stand of US FED can spoil the recovery party. We still remain cautiously positive at this level as it has been a phenomenal run from the recent bottom of 16410 on 20th December. Will NIFTY glide ahead or halt and correct a little from here? Much depends on three super duper bumper results to be declared this evening.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsThe indices seem to be in a fix as India VIX has hit a six! Today's move by itself doesn't seem that alarming, but IMO it's good to be cautious now as the Q3 results season awaits us!
Nifty50 stock Analysis - Breakout CandidateNifty50 stock Analysis - Daily Timeframe:
1. Raising Support - marked in pink color up arrow
2. Reducing Resistance - marked in black color down arrow
3. Expecting a breakout at Rs.1760 level if we see another green candles
4. Last three green candles were formed with Open = Low price (no bottom wick)
Note:
This is for educational purpose only.
I'm not responsible for your profit/loss.
Please invest with proper research
-- Gnanasekaran
INFOSYS INFY 15min Range Breakout 08 Oct 2021INFOSYS INFY 15min Range Breakout 08 Oct 2021. Look out for retest.
INFY (INFOSYS) Descending Triangle Breakout 05 Sept 2021INFY (INFOSYS) Descending Triangle Fresh Breakout 05 Sept 2021.
Infosys stock to watch out for week ❗
🛑 Infosys stock to watch out for the week
🛑 currently trying to taking support at 1645 level
🛑 if it breakdown the level then we can see some more movement towards downside
🛑 1550 will be next stop for infy if it breakdown the above support level
INfosys on demand zoneInfosys came back to demand zone on daily time frame.
if it taken support from current level and dint cross daily pivot S2 which is 1682 it can be longed from here
based on DEMAND ZONE if todays pivot 2 also broke and stock move furthr 2,3 % down and candle close red means it will be be breakdown ,,, it would be short entry
INFOSYS INFY 4hr chart Breakout 23 Sept 2021INFOSYS INFY 4hr chart Descending Triangle Breakout 23 Sept 2021. Target 1800.
Infosys 3hr structureas charts infosys follow a downward trend line as resistance and at same time take a support on 1665 level ...so now if its break trend line and hold above 1715 then only we bullish in infosys ...of if its take resistance from trend line and break 1665 we go short in this stock.
Infosys ltdInfosys is looking for pull back level 1500, one can go short with key levels.
All the key levels are mentioned in chart with Stop-loss and Targets
Key Levels
Macd in daily
Macd in hourly
Rsi in hourly
DMI ADX
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
INFY <> Correction before a healthy move to 1574RSI : Over bought
Volatility : Going down.
Infy is probably loosing momentum and should test support in the range of 1400 - 1450 for a healthy upward moment of 1574 - 1620.
If it goes up further, it can move till 1574 and then test 1500 as a support level.
