Infy It may directly raise towards 1160 level , buylimit @1079 would be a better bid with s/l 1057
Good trading
Noufal Mandalil
Infosys
Infosys (Long Term Strategy)Hi Everyone,
We are witnessing a great period in the world especially the devastating effects due to new coronavirus waves across western countries, especially in Europe, Francy, Italy, the UK, and the US. There are recent national wide lockdown announcements in both France & UK. We are also expecting a lockdown in the US if Biden wins the election.
Having said talked about the above, the biggest beneficiary in this kind of scenario is the Technology Sector. For example Zoom, Apple, Fastly, Tesla have given 500% returns in a span of 6 months since the lockdown.
It is time to either start implementing Artificial intelligence for repetitive tasks or bring the robots to the manufacturing sector without involving any humans so the business goes as usual even though we face anything in the future.
As far as India, we don't have a technology leader or initiator- we are merely servicing the industry with knowledge and support to western companies. In this scenario, Infosys is the leader in such a service industry.
The more the lockdowns, the more the research and development required to accelerate the technology and implement it. I believe Infosys will benefit from this coronavirus.
Nevertheless, during a huge fall in the market, and share will be beaten down irrespective of their balance sheet. But it is always good to keep an eye on companies having strong fundamentals and established recurring clients to run the business.
Here is the strategy: With the new lockdown, we may see the share price fall to 900 or below.
Buy the shares around 900 or below with a long term view to average it (Don't put 100% at once, Start with 5% of investment and keep averaging as the market goes down)
I will keep you updated with the market scenario, currently, the market is in a panic situation and it is expected to continue for a short term.
Hope you liked my analysis, please let me know your comments
Disclaimer: This is an educational view :)
Thanks!
Infosys - Time consuming Wave 4 correction is hereAfter a steep rise which I would consider it as Wave 3, the stock is now in Wave 4 correction which would take stock to the lower levels of 985-970 where buying should come and then again a new high can be seen for Wave 5 targets.
INFOSYS RISING HIGHERMACD ABOUT TO GIVE BULLISH CROSSOVER
RSI BOUNCED BACK FROM 60 LEVELS.
BUY IF SUSTAIN ABOVE : 930
TARGET : 980
STOP LOSS : 900
**These are my personal observations. Please trade at your own risk.*
INFOSYS -Bullish CRAB - Calling out the Experts for AdviceFolks, this is my first attempt at charting with Harmonic Patterns.
What I see here is a BULLISH CRAB where the CD is in process and the expected target is between 990 - 1000.
I would like to call out the experts in this field of charting to advice me if my charting is accurate or if there is anything more that I should have considered.
Infosys profit Booking zone. Good morning all,
Of course, Infosys is a Good Investment stock for the long term but you also must know when to book the profit and when you can make a new entry to get the max profit. Harmonic PRZ in the weekly time frame and there are 80% chances to give the correction from this point. Investors and swing traders can book the profit at this point and can make a new entry on 733-811.
Disclaimer: I am not a SEBI Registered Research Analyst and all the information provided here is for educational purposes Views are shared based on market research and study and personal in nature. Others can take different views and opinions.
Good Luck and Happy Trading
Virendra Pandey
Short INFY If Breaks 775.5, Target 1: 770, Target2: 765 SL 781Short INFY If Breaks 775.5, Target 1: 770, Target2: 765 SL 781
Pair - Bearish Infy vs TCSThe pair ratio has hit the resistance level - slightly downward sloping trendline of highs in last 2-3 years
Similarly, RSI has also hit the resistance level.
Good level for reversion towards 0.360
Infosys perfect cup-handle with 50 EMA breakout at pivot levelThe reasons why I choose this trade.
1. Cup & handle formation
2. 50 EMA, 14 EMA & Pivot breakout together
3. Shorterm trend break
4. On daily chart it is ascending triangle.
All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.
Infosys long call for intraday or positional traders onlyBuy Infosys at cmp and wait for target with the stoploss... risk reward ration is 1:1.71..
We are not SEBI registered...
Buy Infosys | Expected Profit 15-16%Goodluck Capital Recommendation
Buy Infosys Ltd
(NSE: INFOSYS)
Buy Range - 685-710
Target - 800-810
Potential Return^ 15-16%
Once 1st target hit, reset StopLoss at 760
^ Potential returns are calculated based on the median of buy range.
INFY - GO SHORT @ 735 FOR A RR OF 1:6 BY JULY ENDINFY - GO SHORT @ 735 WITH A SL OF 760 AND A TARGET OF 600. TARGET SHOULD BE ACHIEVED BY END OF JULY
INFY - GO SHORT @ 735 FOR A RR OF 1:6 BY MID-JULYINFY - GO SHORT @ 735 WITH A SL OF 760 AND A TARGET OF 600. TARGET SHOULD BE ACHIEVED BY MID-JULY
INFY on raise Infy on continous raise from past couple of trading sessions.
Considering the uptrend in NIFTY-IT, if Infy sustains above 700-705 range, we can see clearly capture further uptrend .
Add to watch list.
INFOSYS POSITIONAL SHORT "PITCHFORK"Short in the range of 650-660 , trend line is broken but there are chances of it taking support in that range and continue with its upward journey.
Contrarian Call if resistance is broken look for longs above 690.
INFOSYS + $9.50 Short Call + Bull Run PotentialI believe in the next few weeks or month, a $9.50 positive correlation price target for Infosys is quite possible. I also think given other's bullish outlook, that a bull run for a long term hold could be quite possible. That being said, please take into account what I said as just an opinion and not face value. I do think though that INFOSYS is a conservative stock pick and wouldn't classify it as too high risk or even medium risk.
Infosys Target Achieved As pe Analysis 7% UpHi Guys Our target has been achieved as per analysis.
Thanks you,
