Nifty, Banknifty, Top Stocks Analysis with imp leves!Nifty made yet another ATH today. I talk about how it looks like + broad market and top stocks analysis with important levels.
INFY
Nifty, Banknifty, Top Stocks Analysis with imp leves!Bulls seem to have taken a breather today, but the overall bullish picture still seems intact, even on lower timeframe charts. What's your view?
Monthly market analysis: everything at ATHNifty, Banknifty and the top 5 stocks are at their highest close on a monthly basis. This is after some hesitation and uncertainty when August began. What's next? What do you feel?
Nifty, Banknifty, Top Stocks Analysis with imp leves!NIfty has made yet another ATH and is now near 17k. I take a look at the important levels and talk more about RSI along with the top stocks of the Indian market.
Nifty, Banknifty, Top Stocks Analysis with imp leves!Despite creating a fresh ATH, #Nifty saw some selling today. PSU banks dragged #banknifty lower, but it managed to stay above the previous close thanks to private banks.
Where do you think the #stockmarket is heading?
Important Nifty levels and Banknifty levels for tomorrow:
Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986, 16,040, 16,120, 16,177, 16,225, 16,349.45,
Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
POSITIONAL LONG VIEW IN #INFOSYS LTD BO RE - TETS CMP 1383POSITIONAL LONG VIEW IN #INFOSYS LTD BO RE - TETS CMP 1383
INFOSYS LTD LOOKING GOOD CMP SPOT 1383
STOP LOSS 1350 ON CLBS
GOOD UP SIDE POSSIBLE IN COMMING DAYS
VIEW1539.40 is the level INFY can fall some points below this. Buy 1540 PE for good RR keep SL @8. Keep target at least 1530 for today and 1517 for positional.
Infosys ltdInfosys is looking for pull back level 1500, one can go short with key levels.
All the key levels are mentioned in chart with Stop-loss and Targets
Key Levels
Macd in daily
Macd in hourly
Rsi in hourly
DMI ADX
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
INFY <> Correction before a healthy move to 1574RSI : Over bought
Volatility : Going down.
Infy is probably loosing momentum and should test support in the range of 1400 - 1450 for a healthy upward moment of 1574 - 1620.
If it goes up further, it can move till 1574 and then test 1500 as a support level.
INFY -- Watch for higher levels INFY -- recent inverted Head & Shoulder .. showing strong sign on positive side.
We can see 1450+ levels very shortly - provided market momentum towards 15450+ to 15550 levels.
Add to watchlist and trade accordingly.
INFOSYSIt has activated a Bullish C Clamp as per Ichimoku in daily time frame suggesting further up move till 1400 as long as it does not breach 1330
range bound infyclear range on 1 hr tfm of infy
could break to either side
if broke can expect a 40-50 points move!
INFOSYS BEFORE RESULTSA datailed recovery wave analysis on INFOSYS shows that, all the goods are digested by the market
Now more shorts(1500CE) are developing and low volume with rise in price is a trap for retailers
Its over one year to take some profits on hand by the smart investers. Don't you understand what's the hell is gonna happen?
infosys ltdmarket is running over and over pick level. thats why market not gonna be correction more then last low.
Good industry leader worth lookingI really like the techniclas of NSE:INFY , it has done three breakouts with good volumen and it stayed strong during the market correction. The price is above its key MAs, is in the list of 52-week highs in Barchart and is ranked 4th in its industry by Investors Business Daily with a relative strengh rating of 81.
I mean is almost too perfect to be true so, I checked its quarterly revenues in Reuters and from 12/2019 to 03/2020 had +0.86%, from 03/2020 to 06/2020 was +1.72%, from 06/2020 to 09/2020 was +3.81% and from 09/2020 to 12/2020 was +5.71%. Its growth is growing, that's a really good sign.
Yesterday did a breakout of a third base so it may not be in its early stages but I think its worth to look at.
Infy Elliot wave analysisInfy Short for short term till 1200 from 1351-54 range. Wave counts are given
