Infy an investment buyBreakout chart for long term investment ...this is monthly chart and I think 2400 around price is visible
0XSE trade ideas
Weekly TF Analysis - INFY After multiple rejections around 1975, INFY has given a strong Weekly candle, and has closed at ATH 1999.7
1720 can be considered as a good base, and it looks poised for a good move on the upside.
INFY IS NEAR A BREAKOUT | MID-TERM INVESTMENT STOCKInfty is breaking out it's long term resistance and look good above 2010 for 2260, 2420 and 2720 until 1700 is intact on the downside.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India
Chart of the week. INFOSYS Somewhere in March 22 Infy made a double top kind of a formation and gave a huge breakdown. I gave a sell call around 1560 for the target of 1300. All my targets were hit. Now after 3 years consolidation, Infy again gave a breakout above its all time high of 1938. The more interesting part is it took 4 months resistance at this leave and gave breakout last week which is giving me a very good and confident feeling about this trade. Technically, it has made a rounding bottom pattern with a very good consolidation so its a no go trade for me.
Fundamentally, its one of the best IT companies of India and famous worldwide so any investor can take this trade without fear and sleep in the night without thinking about the SL. I just gave a basic targets but in long run investors can make a fortune with this company and trade. I am recommending this stock to buy since 1300 so people who took that trade are in good profits already. Nevertheless a new entry at this point is good as this stock is ready to trade in blue sky.
CMP - 1999 (14/12/24)
T - 2400, 3200 W
INFY :Programming for Rise Up🚀 Infosys Ltd.? 📈
Technical Analysis
Wave Count : The chart identifies five waves labeled 1 through 5 . Current price action suggests the completion of Wave 4 and the beginning of Wave 5 .
Wave 1 : Starts from the bottom left and peaks around November 11.
Wave 2 : Corrective wave ending around November 18.
Wave 3 : Strong upward wave peaking around December 16.
Wave 4 : Corrective wave in progress, retracement zone: ₹1899-₹1940 .
Wave 5 : Projected upward move towards the target zone: ₹2018-₹2032 .
Corrective Waves : The intermediary correction ( Wave C ) is expected to complete within the highlighted yellow zone .
Target Zone : The target zone for Wave 5 is ₹2018-₹2032 .
Stop Loss : Place at ₹1890 based on Wave 4's failure.
Volume : Volume at 2.3M (bottom right of the chart).
Trading Plan
Entry Point : Enter long as Wave 4 completes and Wave 5 begins, ideally near the Wave C completion zone .
Target : Aim for ₹2018-₹2032 .
Stop Loss : Place a stop loss at ₹1890 to manage risk.
Disclaimer
This analysis is for informational purposes only and should not be considered financial advice. Trading stocks, options, and other financial instruments involves risk and may not be suitable for all investors. Always conduct your research and consult with a licensed financial advisor before making investment decisions.
#Infosys #TechnicalAnalysis #TradingPlan #StockMarket #Investment #ElliottWave
Infosys LongThe pattern formed here is bullish shark harmonic pattern and fullfilled the criterias.
According to this pattern formation the targets are 0.618 and 1 fib levels and also B, A and C levels can be taken as targets.
The market is in bear zone so trade accordingly.
INFOSYS LTD S/R for 16/12/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Amazing breakout on Weekly Timeframe - INFYCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN Daily TIMEFRAME.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
INFOSYS SHORT TERM ANALYSISInfosys is looking positive for short term and once it crosses and sustains above 2042 it can give good upside upto level of 2218-2270. On the downside range to watch is 1878-1798 for accumulation.
Infosys !! Head & Shoulder Pattern on Monthly chartInfosys !! Head & Shoulder Pattern on Monthly chart
if it breaks this with good volume possible upside target is 2661.
Disclaimer : View is just for educational purpose. Do your own analysis before taking any trade
Infosys is building up positive information for investorsInfosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication, Energy, Utilities, Resources, and Services, Manufacturing, Hi-Tech, Life Sciences, and All Other. Infosys is one of the top Indian companies and an Indian global MNC.
Infosys Ltd. CMP is 1879.80. The positive aspects of the company are Company with No Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, FII / FPI or Institutions increasing their shareholding and Company able to generate Net Cash - Improving Net Cash Flow. The Negative aspects of the company are high Valuation (P.E. = 29).
Entry can be taken after closing above 1880 Targets in the stock will be 1943. The long-term target in the stock will be 1993. Stop loss in the stock should be maintained at Closing below 1732 or 1719 depending upon your risk taking ability.
Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Possible short entry on INFYINFY has been on a downtrend for the past few days, it has formed a supply zone and it is reaching back to it where we can expect a selling
Possible short entry on INFYINFY has been on a downtrend for the past few days, it has formed a supply zone and it is reaching back to it where we can expect a selling
INFOSYS--Liquidity@1720This stock is facing resistance multiple times from the zone 1990-1975 zone
we have a lot of liquidity lies below at 1720 zone, previous level of support.
If price unable to break upside price will clears the liquidity below levels.
Look for Short oppurtunities in this stock.
If we look at daily time frame price is also trading near its trendline.
wait for the price to break and retest for short side continuation.
INFOSYS LTD S/R for 25/11/24Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Infosys Ltd view for Intraday 14th Nov #INFY Infosys Ltd view for Intraday 14th Nov #INFY
Resistance 1885. Watching above 1888 for upside movement...
Support area 1850. Below 1850 ignoring upside momentum for intraday
Support 1850 Watching below 1848 for downside movement...
Resistance area 1885
Above 1880 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
INFOSYS gives brakeout on daily chartNSE:INFY
INFOSYS gives brakeout on daily chart
I will buying between 1720-1800
my stop loss is 1400
target is 2200
bearish flag pattern - INFY (Infosys)The chart for Infosys (INFY) displays a bearish flag pattern, suggesting a potential downward movement in the near term. Based on the current setup, the stock appears likely to reach the support level around 1725.
SWING IDEA - INFYPrice Action successfully retested recent swing low @ Support zone.
INFY is ready for its next leg up.
Expect at least 10% minimum from here.
#INFY; Multi-Year Breakout#INFY; Multi-Year Breakout, Results may add fuel to achieve the upside target - 2085.
Backed by strong Fundamentals, worth a review!
[Positional] INFY SNR tradeNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives
Infosys - All Time HighIT Sector already on the roll.
Near All Time High (ATH)
Consolidation near ATH
Decisive Breakout can lead to good rally
