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
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.
NSE:INFY is continue trading above support of 1501. My idea is to take entry at 1501 with stop loss of 1480 (-21 Points Risk). My expected upside target will be 1534 (+33 Points) & 1555 (+54 Points). Note: This is my personal analysis, only for learning. Thanks.
Buy Infosys Target 🎯 2000 because it's recently given major breakout.
Infosys broke out of Bullish Flag Pennant. Buy with sloss of 1715 with sloss of 1800.
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 *...
Intraday Cash Buy INFY @ 935.50 - 936.20 SL 927 TGT 953 Above VWAP, TK cross over, MACD crossover follwoed by good volume buy.
Infy closes above the 730 levels, that it had been resisting from past many weeks with a big Bull candle that opens near its low and closes near its high with huge volume. Higher high , high low Structure of the stock is maintained , hence any dip in the stock might get absorbed. There will be many who missed the move and would like to enter in the stock, but...
Infy has shown good rally since march of this year, But now price is coming in strong weekly supply zone which was formed in June 2016. 1270-1280 is strong sellers zone. I am expecting to correct the price in this zone.