15 minutes time frameHead and shoulder pattern in15 min time frame of Infosys chart for educational purposes
INFY trade ideas
Infosys Limited is a provider of technology digital servicesInfosys Limited is a provider of consulting, technology, and next-generation digital services, enabling clients to execute strategies for their digital transformation. They help their clients in the digitization of processes, migration to cloud-based technologies, workplace transformation, business model transformation, enhanced cybersecurity controls, and cost structure optimization in IT. It was incorporated in Pune, their head office is in Karnataka. It has a presence in 46 countries across 220 locations.
Infy changed its levelsInfosys has changed its levels now
Earlier the stock was moving in support of 1660 levels
Currently the stock has managed its support levels to sustain at 1835 levels
Further, if the Support 1835 levels and resistance of 1890 manage to sustain.
Stock can see further breakout.
Infosys wave analysisInfosys is in flat correction since from 17 january wave a and wave b of flat are over.wave c is going on its likely it end near 1600.DISCLAIMER;its my view if price patterns change i will also change my view.
Infosys bull run - continuation or Declining phase startedSo far last 15 months investors were riding on the nice acceleration wave gaining almost 350-400% from March lows (like most other fundamentally strong companies). Look how beautifully it has been on the upside from 30WMA. Last 2 months were bumpy ride. It broke on 30wMA once and then hover to regain MA line . This week it has broke MA line for another upside but missing component here is VOLUME.
What are two possible scenarios here ?
(1) Momentum will regain and will continue being participant of stage 2 advance. in that case, new investors entering here need to respect 30WMA as a stoploss. Once it regains HH-HL , trail your SL to previous lows .
(2) Second option is if this again moves back below 30WMA and MA line starts on negative slope, then a short entry can be made here again with 30WMA as a SL and once it forms LH LL structure, keep trailing SL to prevoius highs.
Key component of your trade decision here should be following :
(1) Overall market structure should be in line with your direction
(2) particular sector should be in line with your trade
(3) respect your decisions with appropriate SLs.
(4) remove hope from wrong trade and exit without fear.
Wish you all good luck and if you like this analysis please do share for more reach.
Happy Trading !!
INFOSYS Negative TrendINFY if break down 1670 it will come down upto
1550
i expect 10% fall from current price of 1720
Infosys IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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Best buy zones for #Bottomfishing in Infosys. #infosys Best Buy Zone: 1450 - 1594
Good Buy Zone: 1594 - 1663
Add on bounce, not while it is falling.
Long Term Portfolio Stock.
Tracking Quantity can be taken at CMP. (Tracking Quantity : Suppose you want to Invest Rs.X in a particular stock. The amount between Rs.X/5 or Rs.X/10 would be tracking quantity) (‘Tracking Quantity’ of a stock in your portfolio will help you keep a track of the stock if it is coming in the indicated buying zones.)(Sometimes Out of sight goes out of mind so buying tracking quantity of stocks that you want to add in future helps.)
Infosys BreakoutThe stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
INFYINFY broke out of descending channel with good volumes.
Could be bought with mentioned stoploss & targets.
INFOSYS LIMITED (LONG OPPORTUNITY)NSE:INFY
* price makes bullish scenario at @1655...time go long ..first target (1700) 2ND (1750) @sl(1600)
* risk takers hold untill price touches all time again
have profitable days .......urs chandoo
INFY ANALYSISSymmetric Triangle Pattern
Resistance Zone: 1770-1775
Upside Target: 1795-1800
Support Zone: 1713-1718
Downside Target: 1665-1670
INFY LONGNSE:INFY
If you see the chart pattern than its creating double bottom with gap-down & gap-up
Doji at SupportInfy is having a Doji candle at support line. Preparing for a long position here, looking for a 6 % upside.
INFY/NSE Technical Analysis INFOSYS Shared The Same Chart On 7th of Jan 2022 INFY was Around 1880 and After Its Was Break
You Can See Fall In INFY CHART
We can See The Gap Filling but its depends on various Factors
Disclaimer: Its Just for educational purpose only
INFOSYS - Good results declaredWell !!! the result says it all........
Over the days to come as we would end the financial year we should see some more good postings when it comes to the results section.
Hopefully ease of business will be much improved by the slowness in Covid-19
A good stock to accumulate as IT has a very bright future in the coming year ahead !!!!
CORRECTION Infy has completed sub wave 3 of its higher degree wave 3. Now the wave 4 of its higher degree in progress. this corrective structure could be a complex as wave 2 was simple flat...
infosys 1) stock reach near 200 ema support.
2) good fundamental stock correct almost 15%.
3) reach previous support zone
THE 2022 BLOOD BATH...???As the global markets are down during the early 2022, the bear run has now struck large cap NSE stocks.
This right here is just a little demonstration of fall in price of an IT company NSE:INFY .
This stock is perhaps a fundamentally strong one because it took a definite support from it's 5-month low as you can see pretty clearly.
Isn't much more to say really.
Happy Trading !!!
Entry between 1660-1680Target of 100 points i.e. 1760/1800 with 3 months target time with a SL of 1640.
