INFOSYS making rounding bottom INFY making rounding bottom and can make a long position for uptrend after neckline brakeout
0XSE trade ideas
INFY intraday and positional on 6th October 2022Hi good morning
please refer the today's study on the indices for the detailed view on indices and all here i am discussion about the INFY i.e. after crossing days high and giving the 15 min candle close above that level i.e. the 3 -- 5 min candle above that level then we see a up move towards the 1471 because the CE start unwinding which favors the up move and the 1500 is a Psychological level with a 28Lk OI and then 1560 is a level because no CE writing till tat level so 1550 then we may see a consolidation
Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered
InfyInfy CMP 1413
an Inverse Head and shoulder pattern on chart...
Also my trend indictor is Bullish
with any pullback till 1400 , I would like to enter
Keep SL of 1385
tgt would be 1460 based on this pattern
Vedang:)
Chart is for study purpose only!!
INFOSYS - LONG FutureHello all,
if you see infy have reached bottom made post 18 April ( 5 months) but low is not below it.
On fundamental with with FY24 EPS as 65 and PE 20 = 1300, we can take risk of 150 points.
My plan is make future long with no call writing for now.
Risk is 300 *150 = 45000 /-
Upside = 300 *300 = 90000 /-
if anyone is interested can try this.
ideally I write Infy call for 1400.
Its a risky bet
Infosys Infosys an it sector company falls in two weeks may we can see a consolidation then give upper side breakout or may give breakdown below the supporet zone....depend on price action we have to wait
INFOSYS is a SELL ideaStock is in C leg of the ABC down move of 4th Elliot wave cycle....
C point likely to end around 1050 level
INFOSYS WAVE ANALYSIS INFOSYS is near the end of 8 month long tripple zigzag correction,it may end near 1240 level.its getting ready for big upside
Infosys - ShortShort below 1370, T1 - 1355, T2 - 1342, T3 - 1330, T4 - 1321…… SL - 1390
A good average point for long term investors around 1300 and 1200
No buy trades as its very risky
My view on #INFY Infosys ltdMy view on NSE:INFY
As per my view Infosys can retest level of 1401, then make more correction till level of 1233, which is very strong support level and best to enter for long.
Note: This is my personal analysis, only for learning.
INFOSYS, TECHNICALS and its WAVES!!INFOSYS is showing a RSI DIVERGENCE, with H&S.
i have drawn correction waves, after that it needs to get its bull run, since from past few days, nifty IT, IS getting corrected a lot, because of American news, so this made its bearish trend to continue, and reach its support(which started before the bull run).
this month will be a bearish nature of INFOSYS.
Infosys levels & strategy for coming days?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Dow Jones has taken nose dive and closed with deep cut of 1000 plus points and Nasdaq closed below 500 plus points based on outcome of Jackson Hole meeting.
Is Infy trading in support zone & ready to take reversal to support index? or
Will these negative market sentiments push Infy & other IT stocks further down?
Is Infosys trading direction is negative? Infy has formed inverse flag & pole pattern. Will Infy achieve pattern target in coming days?
Shall we look sell on rise strategy till global cues are negative?
Shall we invest in Infy in small-small chunks for long term in case of decent corrections/near 52 W low from current levels?
Please do share your comments as well. Wish you all a very happy, healthy & profitable days ahead!
Infosys levels & strategy for coming days?Dear traders, I have identified chart levels based on my analysis, major support, and resistance levels. Please note that I am not a SEBI registered member. Information shared here for educational purpose. Please consult your financial advisor before trading.
Dow Jones has taken nose dive and closed with deep cut of 1000 plus points and Nasdaq closed below 500 plus points based on outcome of Jackson Hole meeting.
Will these negative market sentiments push Infy & other IT stocks further down?
Is Infosys trading direction is negative? Infy has formed inverse flag & pole pattern. Will Infy achieve pattern target in coming day?
Shall we look sell on rise strategy till global cues are negative?
Shall we invest for long term in case of decent corrections near 52 W low from current levels?
Please do share your comments as well. Wish you all a very happy, healthy & profitable days ahead!
INFY DAY CHARTInfy has started sustaining below channel on 1day and 15 min chart.
Guess What could be the target ?
Chart is for study purpose only !
infosys long sr flip long to gap close into resistance. Earlier resistance should flip to support now and we should get an upmove from here. This is the pull back to buy.
channel breakout buy=1607.40
target=1705.40
stoploss=1551.40
channel breakout
in small time frame M pattern is formating
a great RECOVERY in INFOSYShey guys ,
we are seeing that IT SECTOR was in a complete state of RECESSION,
but now this sector has recovered and showing signs of UPTREND
therefore,
IT SECTOR'S main stock - INFOSYS ,
this stock is showing the signs of recovery ,
this stock was moving in a downtrend and now this stock has crossed it's RESISTANCE
and now it has RETESTED and has shown a great big GREEN CANDLE .
therefore, try to grab this opportunity and earn high returns.
also , the 20 day ema is above the 50 day ema
which show's that this stock is in a uptrend
INFOSYS Sell for intraday tradingINFOSYS Sell for intraday trading if stock break the given support zone ............
Infosys intradayIf market opens sideways and breaks 1590 level then we sell with R:R ratio of 1:2 and sl=7
long infy cmp 1520-1500we are long infy cmp 1500-1520 maintain sl below 1440 target 1650++short term target
risk - 50 to 60 points
rewards - 150 points
always respect risk to rewards
Perfect break-out on XABCD PATTERN Trade according to your risk appetite
0.886 is an important level for target
infosys 1dtfThe strong bullish opportunity of first target 1635 closing above make move up to 1670 closing above means to make a good move and good accumulation up to 1595.
