Nasdaq - Side ways movement prediction. The current movement will retrace to the next swing. Note this is only for educational purpose.
The 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?
Infosys 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.
So 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...
INFY if break down 1670 it will come down upto 1550 i expect 10% fall from current price of 1720
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...
The 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.
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
Well !!! 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 !!!!
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...
The 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 - 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...
INFOSYS INFY 15min Range Breakout 08 Oct 2021. Look out for retest.
INFY (INFOSYS) Descending Triangle Fresh Breakout 05 Sept 2021.
🛑 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 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 Descending Triangle Breakout 23 Sept 2021. Target 1800.
as 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.