Infosys Preparing For A Bull Run Hi Folks,
Sharing Some Thoughts on Infosys Hope you Guys Like It,
Thank You,
INFY trade ideas
infosys on impulsive wave.you can see macd is also ready to give buy signal and recent Fibonacci retracement show near trg,
elliote wave shows 12345 pattern after abc pattern lets see chart
Infosys long termInfosys has been moving in the long term channel. It has presented opportunities to buy and sell within the channel. Watch out for the break of the channel downside in the long term. If and when it does, it will indicate that the trend has turned from bullish to bearish.
Short term view also been posted here.
Infosys short term Breakout direction decides the short term target. Keep a look out.
Disclaimer: Not a recommendation to buy or sell.
INFOSYS BEARISH GARTLEY SELL OPPORTUNITY AT MARKETSELL ENTRY: INR 646.55
STOP LOSS: INR 688
TARGET-1: INR 612
TARGET-2: INR 573.20
INFY - GO SHORT FOR NEXT 2 DAYS FOR A RR OF 1:5INFY - SELL @ CMP WITH A SL OF 758.85 AND A TARGET OF 713. TARGET SHOULD BE ACHIEVED BY 5 MARCH 2PM. EXIT COMPLETELY AFTER THE TARGET IS ACHIEVED
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.
