I1FO34 trade ideas
INFY SHORT TERM BEARISH in D TFI See a strong Resistance at price zone 749-760, it may kiss this zone and retrace to T1-735 by next week
NSE:INFY
long position Take long position on Infosys, as price level will rise to fill the gap
CMP:- 732.8
Target :- 760
Stop loss:- 722
Please, do your own analysis also before taking any trade.
INFY Parabolic trendINFY has formed a parabolic upward trend with multiple bottom points, including a diamond bottom. Uptrend can be seen to be a strong trend with a regression analysis of .84. Looks overwhelmingly bullish.
INFY : TARGET 760!!Stock may trade till earnings
Target 760
Upward divergence both RSI and William R%
INFY cup and hand1) A common entry technique is to trade the break of the handle and go long
2) You can set your stop loss 1 ATR below the handle so you don’t get stopped out prematurely
3) I suggest trailing your stop loss as the price moves in your favor so you can ride the move higher
1414. contra, if background negative or flag breakout if positivSL compulsory
Long only, if gap up and sustain previous day high.
1174. buy zone 560 to 600 build upzone for long term investmentexpecting small bounce from this level
debt free org
good for long term investment
INFOSYS Looks Weak on Hourly ChartOne can sell INFY if it crosses below 709.60 for TGT1: 698, TGT2: 688 with SL: 720 also RSI Looks weak because there is Bearish Divergence
Infosys - Ready for Breakout at 721Support Levels: 697
Resistance Levels: 720, 743, 753, 759
Trendline Support Levels: 689-709
Trendline Resistance Levels: 720-709
Infy infosys long bull pennant and gap fill 4 hr has bullish pennant with great RR ratio
High probability trade
INFY - GO LONG THEN SHORTINFY - SHORT TERM PLAN AS ON 10 NOVEMBER
1. GO LONG @ CMP WITH A SL OF 699.55 AND A TARGET OF 745.
2. ONCE THE TARGET IS ACHIEVED, GO SHORT WITH A SL OF 792 AND A TARGET OF 615.4
INFY IN BUY TREND BUY ABOVE 718.65INFY IN BUY TREND ONLY BUY ABOVE 718.65
TARGET 1 @ 724.35
TARGET 2 @ 732.5
PLEASE ANALYSIS ON UR OWN AND INVEST ONCE AGAIN.
Infosys trading plan for next week (NSE Indian Market)If infy sustain above that trend line or previous day high zone then it will get a up thrust of 1st target 721.
