Infosys make new 52 highTomarrow i give analysis in moneycontrol.com that Infosys make new 52 week high and cross , today it make new 52wk high, see my chart it may trade in between 1050 to 860 in near term
INFY trade ideas
INFYNSE:INFY
Results are around, and the OI addition seems to be on higher side in the ITM options which is suggesting further upside.
Entry above 806, if sustains then can see 813 and 823. Sl would be 799.50
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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INFY - Currently struggling in supply zoneNSE:INFY only take position once it breaks & closes on either side.
Infosys perfect cup-handle with 50 EMA breakout at pivot levelThe reasons why I choose this trade.
1. Cup & handle formation
2. 50 EMA, 14 EMA & Pivot breakout together
3. Shorterm trend break
4. On daily chart it is ascending triangle.
All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.
INFY Scallop + bullish rising wedge?Normally rising wedges are bearish but i believe in this case it will act bullishly and momentum will carry price upwards.
Sick and tired of these scallops haha
Infy - Pennant BreakoutInfy has Pennant breakout followed by triangle breakout and also retraced at golden ration... Will boom above 765.. Target on chart
MY VIEW FOR INFUSES BUSINESS BOOMING!!!!!LEVELS AND TARGETS FOR INFUSES AS PER CHARTS!! I'M BULLISH ON IT STOCKS!! LET'S GO
HAHAHAHAHAHAHAHHAHAHAHAHAH
$INFY Infosys Trade setup
Possible long above the 200ma
Upside target to long term Downtrend
MACD reversing
INFY LONG !! Elliot WaveInfy is undergoing a correction on the 1st motive wave on the downside.
Having completed the A wave and B wave of correction, Infy could touch the 860 mark by the end of this month.
Infosys long call for intraday or positional traders onlyBuy Infosys at cmp and wait for target with the stoploss... risk reward ration is 1:1.71..
We are not SEBI registered...
Profit booking can come around 770 levelsINFY seems to be forming long term top here.
Around 770 levels one short with stop loss 820 target 600 minus
This is not short term call.Take position as per your comfort
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.
Buy Infosys | Expected Profit 15-16%Goodluck Capital Recommendation
Buy Infosys Ltd
(NSE: INFOSYS)
Buy Range - 685-710
Target - 800-810
Potential Return^ 15-16%
Once 1st target hit, reset StopLoss at 760
^ Potential returns are calculated based on the median of buy range.
INFY - RESISTING AND RESISTING AT 730715- 730 turn out to be a solid resistance for the stock , stock is resisting this zone from past many weeks.
I am not bearish on the stock , as long as it trading trading above 650 levels.
So watch this zone , or set an alert to keep this stock on radar.
Because breakout can trigger a good good rally in the stock.
INFY - GO SHORT @ 735 FOR A RR OF 1:6 BY JULY ENDINFY - GO SHORT @ 735 WITH A SL OF 760 AND A TARGET OF 600. TARGET SHOULD BE ACHIEVED BY END OF JULY
