INFY trade ideas
INFY Will retourne to decline next days !INFY Will retourne to decline next Weeks !
I Advais You to sell
TA 1000 INR
INFY (NSE) - Elliott wave analysis - sell set upINFY - It has completed bigger cycle up in 30 min time frame and now correcting down in abc cycle, where c is in progress and subdividing. sell near 1134-44 zone with stop loss above 1158.10 for target below 1088 or even lower up to 1072 as there was a price gap.
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Infy goog short candidateInfy good short candidate
long term trendline resistance ,,
angular resistance line around 1190 levels
RSI indicator over bought,,,
square root resistance level at 1195
Good candidate to go short,,
down side 10-15% fall possible
view gets violated above 1212 on closing basis..
INFY (NIFTY50) - Elliott wave analysis - Buy set up INFY - It is in impulse 5th wave up, which is extending the price gain. It is in 5th of 3rd of 5th of 5th wave up. stay bullish in pull back near 1090 for target of new high. The risk reward ratio is getting down, so stay small in size.
Give thumbs up if you really like the trade idea.
Infosys - Time consuming Wave 4 correction is hereAfter a steep rise which I would consider it as Wave 3, the stock is now in Wave 4 correction which would take stock to the lower levels of 985-970 where buying should come and then again a new high can be seen for Wave 5 targets.
Infy 23rd SeptInfy formed Head and Shoulder pattern , If Break neck line can go for shorting.
Level can get on chart.
Disclaimer - I am not SEBI Registered. Above view is my own pure view and It's for an educational purpose.
Please do trading after consulting you financial adviser. I will be not responsible for any Loss and Profit .
INFY Long - swing trade(1 hour candles)The Nifty IT index is seen in good upward momentum and a bullish ascending triangle pattern can be seen in Infosys.
* The stock is very close to the important psychological level of Rs.1000.
* The successful breakout from the triangle pattern can push the price all the way up to 1000.
* Its a high reward trade compared to the risk.
Risk:reward - 1:4
* Stop Loss should be below the rising side of the triangle.
INFOSYS RISING HIGHERMACD ABOUT TO GIVE BULLISH CROSSOVER
RSI BOUNCED BACK FROM 60 LEVELS.
BUY IF SUSTAIN ABOVE : 930
TARGET : 980
STOP LOSS : 900
**These are my personal observations. Please trade at your own risk.*
