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INFY

INFOSYS - Bullish H&S Pattern - Short Term SwingThis analysis is purely based on price action and Chart Patterns. The analysis is on 60min TF hence target can be achieved in a couple of days. Traders can extract benefit from this analysis in their Intraday trades as well Trade strategy is explained in image itself. Don't chase the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. Trade at your own risk and money management. Do your own study before taking any trade Feel free to comment for any queries & suggestion
NSE:INFYLong
by AdityaKarn90
Infosys (Long Term Strategy)Hi Everyone, We are witnessing a great period in the world especially the devastating effects due to new coronavirus waves across western countries, especially in Europe, Francy, Italy, the UK, and the US. There are recent national wide lockdown announcements in both France & UK. We are also expecting a lockdown in the US if Biden wins the election. Having said talked about the above, the biggest beneficiary in this kind of scenario is the Technology Sector. For example Zoom, Apple, Fastly, Tesla have given 500% returns in a span of 6 months since the lockdown. It is time to either start implementing Artificial intelligence for repetitive tasks or bring the robots to the manufacturing sector without involving any humans so the business goes as usual even though we face anything in the future. As far as India, we don't have a technology leader or initiator- we are merely servicing the industry with knowledge and support to western companies. In this scenario, Infosys is the leader in such a service industry. The more the lockdowns, the more the research and development required to accelerate the technology and implement it. I believe Infosys will benefit from this coronavirus. Nevertheless, during a huge fall in the market, and share will be beaten down irrespective of their balance sheet. But it is always good to keep an eye on companies having strong fundamentals and established recurring clients to run the business. Here is the strategy: With the new lockdown, we may see the share price fall to 900 or below. Buy the shares around 900 or below with a long term view to average it (Don't put 100% at once, Start with 5% of investment and keep averaging as the market goes down) I will keep you updated with the market scenario, currently, the market is in a panic situation and it is expected to continue for a short term. Hope you liked my analysis, please let me know your comments Disclaimer: This is an educational view :) Thanks!
NSE:INFYLong
by skiranp