Infosys - Take A Cautious BetAs per Chart sent to somebody who wanted to be aggressively buy Infosys.
INFY trade ideas
$INFY INFOSYS GETS 4 DOWNGRADES IN 1 DAY SHORT SHORT.Infosys has had quite a nice stock price increase growing by 70% in 2 years. Despite the growth all good things must come to a end, it is time for a pullback which could be considerable. Today the 15th April analyst's have released 4 downgrades of the stock which is quite a consensus stimulated by the companies earnings release last week, growth and earnings are believed to be slowing. We see this as a great short opportunity given the indicators and recent price action.
Bullish Opportunity Formulating - 4hr Interval - INFYHello Successful Investors,
The stock (INFO) will be releasing its ER (Earnings Report) today (April 12th). Considering the positive information (upside of 10.4% according to Yahoo Finance), there is a viable opportunity to believe that will be a push towards (bullish) territory. Be aware of various market markers and their ability to fluctuate PA (Price Action) immensely.
Resistance Level 1 - (11.20 - 11.50) 30 cent interval
Key Price Zone (KPZ) - (10.85 - 11.15) 30 cent interval
Support Level 1 - (8.85 - 8.15) 30 cent interval
Furthermore, be patient as their will always be numerous opportunities.
Not Investment Advice. For Educational and Analytical Purposes Only. (Be Mindful and Stick To Your Trading Plan)***
-LionGate
infosys stock going to crush over 100 point.....making shot at 749......10000 shares...
happy trading
Buy infy around 720 with sl 699 for target 760For complete thought process behind this trade watch this vedio in comment
INFY gave properly breakout from HNS Positional view analysis purpose
Formed HNS successfully and gave
Breakout as expected.
May retrace little and then
downside. Trade accordingly.
INFY Cup and HandleLooks like a promising buy signal for INFY. Biggest concern is the current market uncertainty, but that's what stop-losses are for :)
INFY - 1 HR - HEAD & SHOULDERI can see a clear HEAD & SHOULDER pattern in 1Hr time frame in INFY ....
So as per the RR we can SHORT...
Expiry Strategy: Sell 710 Put Feb @ 1.00Expect it would expire above support of 710 where EMA and support line hovers.
Suggest to sell 710 put Feb @ 1. Lot size: 1200.
InfosysStock is in a strong up-trend and a few days back it made an all time high. For now, price is witnessing a pullback, and should continue with the up-trend again with first target around 760.
SHORT Position for INFOSYSNSE:INFY
INFY has hit an all time High. It shows signs of trend reversal. approximate 5% slash could be expected in the upcoming market sessions.
BE ALERT FOR SHORT SIGNALS
INFY- WEEKLY- GARTLEY - SHORThi, check the Weekly chart for INFOSYS.
it has nicely setup for a GARTLEY PATTERN. time to go short
