INFY trade ideas
A Good break out may be expected, Keep in your RadarThe trade are narrowing down from last 2 days and a good volume build up at this level
INFY CHART30 Minute Chart - HOW TO TAKE TRADE AT 24/12/2020 ?INFY CHART30 Minute Chart - HOW TO TAKE TRADE AT 24/12/2020 ?
INFY CHART30 Minute Chart
What You See In This Chart?
How to take Trade?
Which Type Take Entry (Long / Short)?
Which Price For StopLoss?
Which Price For Target?
Please Comment What You Think About INFY Trade!!!!!
Disclaimer :- This Chart For Only Educational Purpose, We Can't Give Any Buy Sell Tips or Call,
Learn first before take any trade....
INFY - Ascending Triangle + Bull Flag - Swing/Short termThe above analysis is based purely on price action & chart patterns.
The analysis is done on 60 min TF, hence it may take price to reach the targets in few days to few weeks.
Trade setup along with Entry range + SL & Targets are given in image itself.
Traders must do their own study before entering into any trade. They must trade with their own money & risk management.
Feel Free to comment for any suggestion or query regarding price action analysis.
Infosys - All poised a decent correction ? Stay cautious I usually prefer a 3-hour time frame chart to understand the longer trend of the stock.
IT stocks have had a stellar rally since the March lows and it seems to me that the bulls are finally getting tired before they get active all over again.
Infosys the beast is showing some serious negative divergences on a 3-hour time frame. Additionally, the dollar index is also looking to bottom out in near time :)
Infosys can correct till 1020-1050 in near short time :)
Cup & Handle in Progress? Looks like a cup & handle to me. Break over 16.36. Weak dollar play & should piggy back off strong $ACN earnings IMO.
INFY-setup for 16Dec 2020.the setup is valid for 16Dec 2020 only. the overall trend is bullish, if candle closes above the green line we can take a trade.
note:the BO candle wick should not be more than 25% of the body
Infy - Trendline BreakoutInfy borken trendline with volume but resistance on head. need to break 1166 for further upmove. Target on chart...
infosys can give a big movesell below-1090-1087-trgt-1078-1072 by looking a balanced rsi.
note-trade at own risk.
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
