Infosys the IT giant of India is going to form a reverse cup with handle chart pattern. The company although giving consistent profits has not formed a new high in the previous 2.5 years. Now after forming this chart pattern it may break its previous high. The buy point is 1910 an selling point is 2500. This will give a 31% return. The stock will achieve this...
Hey Guys, Today, I would like to share some insights regarding Infosys' recent stock performance. Despite prevailing bearish sentiments since February 6, 2024, Infosys has surprised many community analysts, causing some predictions to falter. Upon conducting an in-depth analysis, it became apparent that the stock has been undergoing a correction characterized by...
Today Infy broke high of two red endulf candles which indicates bullishness in chart
Fundamentals of Company 1. Consistent Growth of Company & Increasing Profits Year on Year 2. Great to Fair Valuation 3. Strong Big Players Holding 4.Robust management 5.IT Sector is Outperforming & Flourishing Technical Factors for Buying 1. Completion of Accumulation & Formation of HH + HLs on Daily & Weekly TF 2. Retest of major breakout completed 3. Bullish...
its taking support (0.5) retracement level 1980 rs above breakout and need for retracement , trend based target 1 is 2327 rs ,and target 2 is 2648 target 3 is 3525rs
This stock breakout 2years major resistance level and TGT will be ATH level only for educational purpose
www.tradingview.com INFOSYS (NSE: INFY) : It seems currently in a range bound of 1520-1570. Until it is not breaking 1520 at lower level, it is not going to fill the historical gaps lefts below. For higher side, it need to break 1570 to test its 52w high at 1619. The next target at higher side will be last swing high at 1660 approx.
The "Ball" as you can see in the above chart is clearly on the buyers half of the ground. The real question is how hard are they going to kick it to the upside? Or are they not going to kick this time around? Well i believe this could be a "10-13%" kick(which is pretty hard). CMP 1391 support zone 1370-1380 SL 1350 Target 1550 Note*- Please do your own...
Currently, Infosys is making its way down to a 15-minute Demand Zone. Let's unpack this potential trade: Zone Quality Check 🕒: The 15-minute Demand Zone Infosys is approaching exhibits notable strength, characterized by a robust follow-through. This suggests a compelling setup for potential trades. Intermediate Frame Exploration 🔄: Zooming out to the...
INFOSYS 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.
#INFY... ✅▶️ take target upto 1350 Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
Police pattern created in Infosys. We can expect 5% movement in coming days.
Observations:: -------->> the stock is trending downwards in daily time frame. --------->> created a demand zone @1230 range. ---------->> now the stock price is trading @ 1280 level, facing resistance several times, if price gives break above this levels we will observe a strong momentum towards upside is possible. if again falls from this place we will buy @ 1230 range.
We have seen about a 40% fall from its all-time high in Infosys Ltd. Currently Stock is trading at .50 Fibonacci support i.e. 1230, which is coincided with a price action support at 1250. Hence we have a support band from 1230-1250. Stock can be a very good value buy at the current level for long-term investment purposes.
Price has reated to a Demand in Higher Timeframes, after reacting Price has violated a Daily Supply confirming an UpMove, post violating the Daily Supply Price has formed a Daily Demand and has reacted to it, Was a perfect buy for yesterday, expecting Price to reach the Resistance formed in the opposite @ 1355.00, therefore a total of 6.5% from CMP till the TGT...
Infosys wave analysis reveals that 5 waves of (A) and 3 waves of (B) have already completed, and the current focus is on wave (C). As of now, waves 1, 2, and 3 of (C) are completed, while wave 4 of (C) is currently in progress. Regards
#INFY Nearing a Major support zone! ✅ Price breakout in Jul'20 followed by a strong correction towards the same zone ✅ The downward sloping channel can provide strong support as well ✅ 1000-1100 levels is a strong support zone
Range bound. wait for the trigger on upper or lower side.