INFY 4h SMC homeworkInfosys 4h smc homework
trying out in a sideways range opposite to ITC which was trending
INFY trade ideas
INFOSYS BEARISH SEQUENCEInfosys wave analysis reveals that 5 waves of (A) and 3 waves of (B) have already completed, and the current focus is on wave (C). As of now, waves 1, 2, and 3 of (C) are completed, while wave 4 of (C) is currently in progress.
Regards
Infosys - ADR - Good breeak outInfosys - ADR - Good breeak out
1:5 RR.
Cup and handle formation
Quality supply area is created
WHY INFOSYS FELL SO MUCH (PART - 1)
infosys had formed a wedge since august on weekly chart which was later broken down with confirmation on the first week of march and after that infy had opened gap-down heavily and reached the target
$INFY with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NSE:INFY after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 63.64%.
Sell Infosys (no need to buy , avoid it)Infosys was in bottom of 2 year and it's tym to avoid it because it break its important support zone therefore sell it below 1224
Target 1177 1128 1046
Sl 1239
What if you have infosys in your portfolio? Many of you must be having Infosys in your portfolio. Even I have it. There is a short term pain for all of you but here is some data that can help you in making your decision. I will be holding it but it is not necessary that you should do the same.
Is the long term story in the company intact?
Ans: Yes.
Why will I be holding majority of my Infosys share?
Because it is a premier Indian IT services company. For me the growth has diluted but not the story. Secondly my entry point is quiet low. Infosys, TCS and Reliance in the reverse order where the first shares that I bought in my account. There is chance of recession in West and IT sector may get affected due to it as a whole. Off late I am not very very happy with some Management moves by Infosys at a deep level. I feel that TCS and LTIM and few other IT firms like Tech Mahindra and HCL Tech may out pace Infosys in a short run. But Infosys is too big an organization and can definitely surprise us by giving a great result next quarter or after next one or Two Quarters.
I have expressed my opinion. You can take a call based on your judgement.
The Chart covers almost 25 year channel of Infosys.
Support levels are: 1191, 1064 and 972.
Resistance levels: 1263, 1311, 1368 and finally 1432.
NFOSYS ANALYSIS & OUTLOOK#INFY Nearing a Major support zone!
✅ Price breakout in Jul'20 followed by a strong correction towards the same zone
✅ The downward sloping channel can provide strong support as well
✅ 1000-1100 levels is a strong support zone
Infosys 1185 is important support for the this week.
If break thenmore dow side in stock.
Upside target will be today's high.
Time for a reversal for Infosys? Infosys around the bottom. time to accumulate this share. Stop loss below red region mentioned in the chart.
#Niftyit #Nifty May retest 1400 but trend is downInfosys is down after missing estimates
Infy may technically re bounce to 1400 levels but its going to go towards 1000
Recession in Developed markets are taking a toll
Interesting weekly set-up in Infosys before resultsAbove last week's high of 1436, the price may give a good positive run if the results support it.
Else, we may also play it negatively, if it misses the estimates on its results on 13th April.
Targets are spotted based on the moving averages but one can play with their own Risk levels.
Interested to see how this stock unfolds..!
INFY IS LOOKING SHORTINFY IS LOOKING SHORT
It looks like the INFY seller distributing at current level of 1487 and it might touch 1476 today itself.
Regards
No recommendation to sell or buy ...!
INFOSYS: Potential stock INFOSYS
Cmp 1389-1390
Near support zone 360-380 strong base
Near make or break levels
Can bounce from the support zone or fall till 1300
Also : I expect the quarter results to be dim too with Marginal growth in the company
So :
* Buy on strong candle formation
* Sell below 1350 after a good close with SL 1360
(Also keep in mind the inverse cup n handle pattern too this makes the selling strong too)
Pattern observed- Bearish cup n handle
Pattern type- Bearish
Note: This is just an idea not any personal recommendation for the stock to buy or sell with me.
INFY- Wait for technical entry point.The IT sector has huge potential for growth, Infy is one of the majors in the sector.
Hold your horses till the entry point comes into the chart.
Thanks Bhatiya sir for advising me this stock.
Infosys is shitting and might shit more before reversalInfosys not showing much strength lately and creating confusion for long-term buy... Don't make it curse for your portfolio until and unless it give some strong bullish movement
INTRADAY IDEA ON 11-04-2023in infysos we will see a ascending triangle pattren on 15 minute timeframe wew will take entry after the retest of breakout and breakdown. this content is made for learning and educational purposes only.
INFY Infosys Limited Options Ahead Of EarningsLooking at the INFY Infosys Limited options chain ahead of earnings , I would buy the HKEX:20 strike price Calls with
2023-10-20 expiration date for about
$0.45 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
INFY act AS A SUPPORTINVESTORS GO FOR SHORT TERM
go for short term because
it is in down trend and good to buy at this level
it will not break the support
buy as per your risk
good SUPPORT ON DAILY BASIS
Infosys Infosys after a long time download side.
Upmove is come.
1523 will next target.
Support and resistance on chart.
INFY to hit the target of 1590 🎯You might have noticed that the price is being pulled down since few days from its Oversold levels.
Now it's the time for INFY to hit the target levels with a high volatility
INFY Base buildup and expected move Fundamental:
Result is coming out in near term so almost flat to slight positive result expected as per Pre-result reports
Technical:
Underlying has formed bottom near previous low and form double bottom like structure and provide health up side up to range top.
Down side is limited at 1375 level and expect 8-10% up move in coming days.
We can also plan to add option after result event and make covered call if purchase 400 (or in multiplication of lot size share). As a trade plan if market breach bellow 1375 we can add extra long put to cap the down side risk.
***Please do your own analysis before investing
