InfosysInfosys broke the major resistance and noelw consolidating insinde a mother candle....... Just have a look.......
I1FO34 trade ideas
INFOSYS BREAKOUTIn Daily time frame, the downtrend has been broken.
There are four times infy has checked the support level.
Also three times tested the resistance level, finally it has breakout.
Now what is the immediate support level is 1370 to 1350 and the target is as 1400,1450,1550.
Note; INFY announced a BUY BACK offer , buy back price is 1750.
Intraday trading idea for Infosys for 14th May 2021Intraday trading idea for Infosys for 14th May 2021
If not today it may breakout in couple of sessions if market supports.
INFY looking Weak.INFY has crosed 50 DMA and is very near to its support we should wait till it break its support zone...
INFOSYSIt has activated a Bullish C Clamp as per Ichimoku in daily time frame suggesting further up move till 1400 as long as it does not breach 1330
range bound infyclear range on 1 hr tfm of infy
could break to either side
if broke can expect a 40-50 points move!
INFOSYS 1HRINFOSYS is making a head and shoulder pattern and it can give breakdown below the red line and can short the red line and green lines are the buy ones.
INFY ready for Up move !!!!????INFY seems like it finished bearish AB=CD pattern. Watch out the price at "price watch out zone " and go looooooooong.
Infosys Daily Chart Trendline supportDisclaimer: The view is for study purpose only, I am not a SEBI registered person please contact your financial advisor before investing.
NSE:INFY
