Head & Shoulder pattern on Infosys Dear Fellows,
As shown on chart, we can witness the early signs of head & shoulder pattern on daily chart with neck line @ 1353 /- which means if this patterns as per our prediction then INFY will fall up to 1300 level after the formation of right shoulder and breakdown from 1353 level.
Note : this post is just for the information, please consult your financial advisor before any trade.
INFY trade ideas
Infosys made low is very strong support will see 10% Upside On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys looking weak now we get 90 + points on up moveOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Infosys breakout of Bullish Flag and Pole PatternInfosys the IT giant has broken out of a bullish flag and pole pattern, its a trend continuation pattern. It has also formed bullish divergence by forming Lower Low on price and Lower High on the indicator.
Looking very great for investment opportunity.
Infosys firing on upside buying recommended at 1440On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
INFY
NSE:INFY
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Infosys again ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#INFOSYS inside candle bar #infosys
#INFOSYS
inside candle bar
above 1398 buy
below 1368 sell
An Inside Bar develops during a strong downtrend when the trading range is completely within the high and low of the previous bar. This suggests the pressure between buyers and sellers is becoming more evenly balanced. Bears might be weakening in power while bulls might be increasing in power.
The classic entry for an inside bar signal is to place a buy stop or sell stop at the high or low of the mother bar, and then when price breakouts above or below the mother bar, your entry order is filled.
Right time to buy Infy?A consistent compounding return giving stock has retraced 50% from its high. Recent quarterly results along with the sector underperforming, have plummeted the stock to an attractive level.
For a good quality company like Infosys, one or two bad quarters do not matter much in the long run.
The price has taken good support at 50% retracement levels, along with DMI bullish crossover, one can start accumulating INFY at current levels of 1330-1360 with a Stop Loss below 1250 for targets of 1605/1855
Note - This is long term pick, one can expect investment horizon 1-3 years
INFOSYS NSE:INFY forms a cup & handle pattern In monthly chart.. a big red candle also broke the neck line of the handle & close below the line.. After that for 2 moths it consolidated & now in July month candle the retesing was done by creating a inverted hammer candle.. The target of this pattern is 850 . According to me we should wait for the right dip.
INFOSYS a GOOD Buy from present levelINFOSYS is a top it services company in the world with consistent profits and has been a multibagger for many. It is currently 31% down from lifetime high which makes it a good bet in the short term. If has broken all its previous lifetime highs in the past to make a new lifetime high and this time also it will maintain its track record. It is a 44% gain to lifetime high.
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