Infosys-Nice BreakoutInfosys-Nice Breakout
Capital to be deployed -20k
Investing Price -1785-1797
Breakout Price -1781
Stoploss -1662
Targets -2104-2261
#infosys #StockMarketindia #StockToWatch #StocksInFocus #stockstowatch #StocksToTrade
0XSE trade ideas
INFOSYS trading analysisInfosys the IT giant of India is going to form a reverse cup with handle chart pattern. The company although giving consistent profits has not formed a new high in the previous 2.5 years. Now after forming this chart pattern it may break its previous high. The buy point is 1910 an selling point is 2500. This will give a 31% return. The stock will achieve this target before 2025 Diwali giving a 30% return in approximately 15-16 months.
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Infosys Ltd Intraday level for 31st July #INFY Infosys Ltd Intraday level for 31st July #INFY
Buying may witness above 1885
Support area 1850-1860. Below ignoring buying momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
INFY S/R for 29/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Infy Breakout upsideInfy is forming cup and handle on day timeframe.
On same timeframe price is above 20,50, 100 and 200 EMA and sustaining above it.
Also looking at it consolidation Infy will give good upside in nearing short term duration.
INFY LONGcoinciding with 1700 PUT OI. WIth uptrend prices almost breached daily SZ & may ho till extreme. hence wait for retracement before reaching to the extreme.
Long INFY in Cash SegmentBought 33% shares of #INFY 1 lot in Cash Segment at 1657 and Shorted 1800 CE of Jul'24
Equity - Total No of Stocks bought = 132
1) shorted 1800 CE of September Month @ 5.20 , Margin blocked for this sell is
Actions to be taken :-
i will gradually buy the stocks once it will go upside as well as go downside.
If Stcoks will go down then i will adjust the CE to get the premium from OTM CE.
During Expiry :-
if Stocks will stay between 1657 to 1800 in this month then we will be in profit in Cash segment and the option will be OTM and will expire zero.
if goes above 1800 then all the Options will be ITM but we will be in Profit in Cash and we also can consider Upside BEP as 1805 .
Review and plan for 22nd July 2024 Nifty future and banknifty future analysis and intraday plan in kannada.
Stocks to watch included.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
INFY S/R for 22/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Investment or Trade Mindset With ExampleNow looking to this chart, if we have long term vision then my question is "How long ?" and "Why Long?". Many of you are already familiar with technical or fundamental analysis but my point is how to discriminate your mind into two half for a same script or same sector.
Coming to the solution:
Let's know about benefits -"FAYDA". If we can then we can ride long term and short term both and by hypothetical calculation it will shock will brain like anything else.
Personally I have no interest to be biased for long term or short term. I can see only "Munafa" means profit.
It's very simple.
Step 1: For long term holding hold the script in account "A"
And for short term use different account "B"
Step 2: Well Define your long term system and short term system and place it in-front of your working table or place.
Step 3: Even for analysis use two different drawing.
Step 4: Even after doing these all your mind will disturb you. Just take a break of your screen by placing alert on your system.
I hope this can help you. Kindly let me know something that I can discuss and share with you.
In this way I am also learning.
Thank you for reading.
Complex CUP & HANDLE breakkout in infosys Break out in infosys with good volume ..technical target should be 1800
INFY Breakout: Riding the Strong UptrendJoining the uptrend wave as NYSE:INFY breaks out of its February 2024 range. Time to capitalize on this momentum!
INFY - Crucial Timeline🎯 The chart says it all. Keeping it simple as always.
🎯 The price has remained within a range for quite some time.
🎯 We're approaching the support zone defended by the 200 WEMA
🎯 It will be interesting to see how the price reacts from that point.
🎯 Also, we await the results for FY 24.
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
profit booking in INFY should start now
After almost 28% run-up, we can expect some profit booking in INFY. I think we should book profit at current level and wait for retracements for re-entry.
INFY BUY ABV 1217 LONG TERM STOCK
BUY ABV 1217 LONG TERM STOCK
TARGET 1600*1800*2300
It is important to note that if you are interested in investing in the stock market, it is recommended that you seek guidance from a qualified financial advisor or conduct thorough research on your own before making any investment decisions.
We are not SEBI registered research analyst or investment advisor. All stocks & information given is for educational purpose only. Consult with your financial advisor before taking the trade on our views given here.
Infy Breakout upsideInfy is forming cup and handle on day timeframe.
On same timeframe price is above 20,50, 100 and 200 EMA and sustaining above it.
Also looking at it consolidation Infy will give good upside in nearing short term duration.
INFYSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Infosys-Strong Buy-Swing/Short term
Buy
Target:1644
SL: 1518
1. Inside Candle breakout in Day TF & Week TF
2. 50% Fibonacci crossed in last downtrend.
3. Good Momentum candles in last few days.
4. Price reached last 3 months high.
5. EMAs crossover & Rejections.
6. Good Volume breakout.
7. IT Sector in good uptrend
INFOSY LTD S/R for 2/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
