Indy Monthly chart trendline breakout First Target 1654 & Second Target 1886. Anyone can will be also hold for long term.
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.
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.
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...
Range bound. wait for the trigger on upper or lower side.
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.
Infy open lower directly below the support line of 1477.55 1345 to 1380 will be support area On 4H the price is reacting and resisting from 20 Ema
Infosys 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...
Infy - Sustaining below 1100, the stock may move towards 1000 - 990 levels.
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...
For me its a buy on dip stock for positional trading as long as its holding 650 levels on the downside. Stock has been facing resistance around 715-720 levels from past one month but is able to sustain 695 - 700 levels from past 10 sessions. Hence holding 690 levels can lead stock to 770+ levels on the upside. Trend of the stock is on upside on all time-frames...
Stock in a slow up-move, would take time reaching its target. 680- 650 turns out to be a good support zone, from where stock manages to bounce most of the time.
Stock looks good, as long as it is holding 666 levels, it is heading towards 750 levels. Trade Type : Positional TRGT :750 Stop 666, trail stop 674 Minor Resistance at 700 levels, above which it can zoom fast. Do not follow blindly, please do your own research.
hi, check the Weekly chart for INFOSYS. it has nicely setup for a GARTLEY PATTERN. time to go short
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.