chart analysis of InfosysHere we analyze the price chart of infosys. you can take a look at our analysis then customize your trade.
0XSE trade ideas
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.
INFOSYS In 15 min chart 19 aprilINFOSYS 15 min chart pattern
trying to make double top pattern inside tringle
so we can wait for breakout
$INFY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $INFY after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%.
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INFY trading at Attractive levelsIt looks good from an investment perspective.
Prices near Weekly chart support might hold for a while.
Rsi at 40
Almost 18% down from recent highs
INFY Fibonacci forecastFrom here it looks like Infy share will hit 1660 target once it crosses 1660 it will hit 1750 target.
My Infosys Q4 Earnings Trade (short strangle)Here's my low-risk Infy trade idea, a very high probability short strangle.
Infosys good for swing trade.Buy infosys at 1800 and keep adding at dips.
It is taking support with 100 ema.
Infy forming decending triangleIn a downtrend infy is forming a decending triangle.high chance that downtrend can resume after the breakdown.
Infy bearMonthly- 3 bar RSI divergence
Weekly - RSI divergence + range shift
Daily - TL break
time to go for buy put / sell call
Ichimoku cloud on INFYIchimoku has given a short indication for INFY with target at 1832 and sp at 1893
INFOSYS sell for intraday tradingINFOSYS sell for intraday trading if stock and IT sector also weak then we will short the stock.....
INFYInfy breaking out of triangle with good volumes.
It could be bought with mentioned stoploss & targets.
15 minutes time frameHead and shoulder pattern in15 min time frame of Infosys chart for educational purposes
Infosys Limited is a provider of technology digital servicesInfosys Limited is a provider of consulting, technology, and next-generation digital services, enabling clients to execute strategies for their digital transformation. They help their clients in the digitization of processes, migration to cloud-based technologies, workplace transformation, business model transformation, enhanced cybersecurity controls, and cost structure optimization in IT. It was incorporated in Pune, their head office is in Karnataka. It has a presence in 46 countries across 220 locations.
Infy changed its levelsInfosys has changed its levels now
Earlier the stock was moving in support of 1660 levels
Currently the stock has managed its support levels to sustain at 1835 levels
Further, if the Support 1835 levels and resistance of 1890 manage to sustain.
Stock can see further breakout.
Infosys wave analysisInfosys is in flat correction since from 17 january wave a and wave b of flat are over.wave c is going on its likely it end near 1600.DISCLAIMER;its my view if price patterns change i will also change my view.
