INFOSYS LTDits taking support (0.5) retracement level 1980 rs above breakout and need for retracement , trend based target 1 is 2327 rs ,and target 2 is 2648 target 3 is 3525rs
Infybuy
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! 💹✨
INFOSYS a GOOD Buy from present levelINFOSYS is a top it services company in the world with consistent profits and has been a multibagger for many. It is currently 31% down from lifetime high which makes it a good bet in the short term. If has broken all its previous lifetime highs in the past to make a new lifetime high and this time also it will maintain its track record. It is a 44% gain to lifetime high.
INFY BUY IDEA 28.12.2022NSE:INFY is continue trading above support of 1501. My idea is to take entry at 1501 with stop loss of 1480 (-21 Points Risk). My expected upside target will be 1534 (+33 Points) & 1555 (+54 Points).
Note: This is my personal analysis, only for learning. Thanks.
INFY Long - swing trade(1 hour candles)The Nifty IT index is seen in good upward momentum and a bullish ascending triangle pattern can be seen in Infosys.
* The stock is very close to the important psychological level of Rs.1000.
* The successful breakout from the triangle pattern can push the price all the way up to 1000.
* Its a high reward trade compared to the risk.
Risk:reward - 1:4
* Stop Loss should be below the rising side of the triangle.
R-0095 Intraday Buy INFY @ 935.50 - 936.20 SL 927 TGT 953Intraday Cash Buy INFY @ 935.50 - 936.20 SL 927 TGT 953
Above VWAP, TK cross over, MACD crossover follwoed by good volume buy.
INFY - UPDATED LEVELS /Analysis Infy closes above the 730 levels, that it had been resisting from past many weeks with a big Bull candle that opens near its low and closes near its high with huge volume.
Higher high , high low Structure of the stock is maintained , hence any dip in the stock might get absorbed.
There will be many who missed the move and would like to enter in the stock, but buying a stock at any levels is not a good idea, so we have to keep our levels ready and wait for the stock to test it, though it requires patience and you might feel you will miss the move... but trust me patience always pays you well.
My mantra for flawless entry :-
Keep the levels ready
Have Patience
Pull the trigger at right time
Now as per my analysis 700 -685 is going to be good support.
Stop will be same at 650 levels.
INFY Coming In Supply ZoneInfy has shown good rally since march of this year, But now price is coming in strong weekly supply zone which was formed in June 2016. 1270-1280 is strong sellers zone. I am expecting to correct the price in this zone.
