INFY/N trade ideas
INFOSYS NFOSYS - Momentum buildup accompanied by morning star candle formation.
Watch here, how the RSI has been gaining strength all this time, while the price has been declining.
A morning star formation confirms a bullishness not only in INFOSYS but the entire IT sector.
Target - 1500 / 1530 / 1555
SL - 1400
Infosys - INFYInfy to go down to 1255
If close crosses below above level this then down to 1215
This is my personal opinion and not any recommendation to buy or to sell.
IMPORTANT LEVEL OF INFOSYSInfosys Ltd. is on a important swing level if it's breaks it's previous swing and 100 EMA then it will come it's 200 EMA.
Buy there is a one more probability that it will make double bottom from this level and it's correction will be and but seeing all the scenario of the market its chance to make double bottom is very less most chance is it breaks it's swing and comes to 200 Ema.
Let's wait and watch what will happen.
If anyone want any stock analysis then comment in this post I'll make analysis of that.
Disclaimer: I am not SEBI registered this is for educational purposes.
Infosys - Consolidation Phase in Short TermInfosys is at critical juncture to decide its move in short term and will be interesting to watch its closing today. Short term targets in this month if it breaks out on upper side will be 1580-1585. Today and tomorrow will be cautious trade days.
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BULLISHIn the loving memory of my child Muffin I present you this chart analysis... ...please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you and makes you smile then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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INFOSYS - Consolidation phaseInfoys is at interesting juncture and will be good to watch for today's closing which may give its direction. Currently it is in consolidation phase in short term and may go to levels of 1580-1585 based on its move today.
Infy triangle breakoutInfosys today is triangle pattern break out
And today nifty gap up open 110 points
INFYInfy broke out of parallel channel on an hourly charts & trading above it comfortably with good volumes.
Could be bought with stoploss of 1480 & minimum 1st target of 1575
Infosys review 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
infyshowing a perfect pattern on 1 hr chart
any breakout of trendline and retest will be an good opportunity to buy for long term
Stay away from futures and options as market is volatile
Buy in small quantity.
This is just for educational purpose.
INFOSYSINFOSYS - Momentum built up
One can go long with a SL of 1530.
P.S - Only high risk players to enter here. Stock can also fall till 1200 levels.
High time to buy Infosys We can see a huge fall in IT sector in one month. Infosys was fall more than 17 % since one month and 19% yeat today. Now Infosys was in it's support point. First support of Infosys was 1531 If it break these level than next support (which is very important support) 1471 we can hold it. On these level if it sustain at 1531 level than buy it on that level & if it break that level we can wait for 1471 and started holding it on that level.
Our target at this level is 1661 1771 1925
Hold for longterm
This is for educational purpose only
Infosys LongRSI divergence on Daily chart.
Forming base near 1500. Good levels to accumulate for Long term as well as for short term
SELL. INFY.INFOSYS has shown a clear breakdown of its important support of 1660. Moreover, it has made a huge gap which is worrisome. It appears that the stock will be in the down trend in medium term. Unless there is a positive chart structure is formed buying in this stock is not recommended at any lower price. Seeing overall chart destruction, we wish to sell the stock.
CMP - 1567
TARGET - 1300
SL - 1680 Weekly closing basis.
Indian IT still going downIT stocks continue to fall since it results come out.
in current scenario the Infosys stock is still bearish
Supports are same, resistance is low.
chart analysis of InfosysHere we analyze the price chart of infosys. you can take a look at our analysis then customize your trade.
Infosys Long Term Analysis 1. According to my personal analysis method and indicators using RSI & CCI, INFOSYS has already achieved a blow-off top and has already started its downtrend on the weekly and monthly charts. Apart from that, what makes me sure that INFOSYS will dump towards the 0.618 area (aka 1050.95 RS) in the upcoming months is the current global and economic conditions.
(If you want to see how my analysis method works then observe the RSI & CCI's white line. Every time the RSI & CCI's violet line crosses their respective white lines from top towards the bottom you will see a measure downtrend on the graph in correspond to that period.)
The major problem includes inflation and hyperinflation all over the world and Central Banks getting ready to increase interest rates.
Increasing interest rates= Same as taking out the stimulus money that Banks have used during Covid Crash to prevent the stock market from crashing.
2. Apart from my personal analysis method, using the Elliots wave we can pretty much figure out that we are currently in Wave 2 which is known for its 50-60% downfall that exactly coincides with the 0.618 (aka 1050.95 RS) Fibonacci retracement level.
Note: Do remember that the price may not touch the 0.618 level in some cases.
If the Central Bank of India, RBI raises interest rates aggressively then expect INFOSYS's price to touch the 0.618 level, and in the worst case 0.786 level and 1 level.
If RBI takes it slow, then depending upon Global and National economic conditions (of that time) the price may show a bounce from the 0.5 (1221.70) level.
For now, investors should know what to do and what to not and how to save their funds in times of such global and economic crisis.
PS: None of this is financial advice and the analysis above is purely for educational purposes.
accumulate infyosys for long term portfoliostrong management ,stock is hammered 15% currently due to bad labour turnover rate but technicals of stock is giving strong buy signal with negative avg 10 week dispersion (last one happended during may 2020 n oct 2019) . stock tends to bounce very quickly n revert to mean in short term
Resistance Channel with Turn Around Top technical levels to turn the tide for Infosys
Keep accumulating
Just a matter of time before we see rebound to original channel
INFY - ENDING DIAGONAL - DOWNTRENDINFY has shown it's ending diagonal pattern. Expecting further fall. Wait for retracement if you want to take any entry. This is only for educational purpose.
Not SEBI - Registered. Invest wisely.
