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Infyanalysis

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.
NSE:INFYLong
by ronak16125
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.
NSE:INFYLong
by imkhushal
10
INFOSYS (INFY) Big Bullish Move is coming soonFundamentals of Company 1. Consistent Growth of Company & Increasing Profits Year on Year 2. Great to Fair Valuation 3. Strong Big Players Holding 4.Robust management 5.IT Sector is Outperforming & Flourishing Technical Factors for Buying 1. Completion of Accumulation & Formation of HH + HLs on Daily & Weekly TF 2. Retest of major breakout completed 3. Bullish pattern Formation on Daily TF on 7 Mar 24. 4. Wick & Strong rejection on Weekly TF 5. All Momentum & Price based Indicators are also in buying direction
NSE:INFYLong
by Wealthy_Vikish
1
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! 💹✨
NSE:INFYLong
by AfnanTAjuddin