INFY/N trade ideas
Rocket Deal #6Rocket Deal is a series of high probability breakout ideas with time horizon of 2-3 weeks with 10-15% targets . Most of the time you will see the breakouts within 2 days. This maybe useful for swing traders.
NSE:INFY in the consolidation zone. Stock will breakout soon. Risk Reward calculation is mentioned in the chart.
Assumption : Every trade idea begin with 100 bucks , Risk Reward statistics shows how much you may earn/loose when target/stop hits. Never stick to loosing trade.
Infosys (Moving Average Crossover ? Time to Buy ?)Infosys has been consolidating and has formed a triangle which was broken yesterday only for the price to reverse and close within the triangle.
We can see the Green Line (9 EMA) is trying to cross the Blue Line (20 EMA) from below indicating a bullish momentum. Any breach of the triangle and a close above it might lead to a rally in the stock and the stock might touch it's all time high and also breach it. A Consolidation before a crucial resistance/support area is generally a sign that any breakout might take that level off.
The Large caps might be news driven due to the latest regulations by SEBI amending the Portfolio allocation of the Multi Cap Funds so keep that in mind while placing your trades.
Which side will you be betting on ?
Infosys tech.analysisHello friends.
Infosys was also in a range and gave a breakdown or near to give a break down.
It has made 4 negative signs on daily charts.
1.Topspin
2.Dark cloud covering
3.Bearish Engulfing
4.Evening star
On my calculation this can be a selling chance.
Support.
923,915,900
Resistance.
944,955,960.
** this is mu personal view.. **
INFYKEEP THIS ON RADAR TO SEE WHERE IT BREAKS OUT IN COMING DAYS.....
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Infy in a very tight channel.... watchlist candidateexpecting a big move....given the rush in NASDAQ and DOW, it should be on the upper side....however there is a gap below that needs to be plugged...
alerts to be set on the lower and upper limits of the channel, if channel is broken, a trade can be initiated
another strategy can be to buy an ITM call and put with stoplosses representing the channel limits... additional lots can be added once the call/pput is sold
trade wisely and be quick on booking profits