infy in buy side ... in this buy side of INFY ...Market may perfome a small sideway .. after the 3rd touch of the sideway .. infy perform good upside move..
0XSE trade ideas
infy bullishcup & handle pattern in infy.
target provided in chart.
breakout done. it may retest the breakout line.
Infosys daily chart analysisInfosys chart analysis on daily time frame. It seems ready for range breakout.
INFY + LINEAR REGRESSION + FIBO + CANDLE PATTERNSThe price still remains between within the body of the last bull candle and is above the upper band of the linear regression line .
The Fibo retracements help to mark the important levels as seen in the chart .
STOPLOSS : 1477 for longs
Infosys level fo 14th June #INFY Infosys level fo 14th June #INFY
Buying opportunity above 1505
Stop Loss area 1490
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
INFY#Infy has bounced from the major demand zone. Overall overall IT index is bouncing back, INFY is looking good with a decent Risk reward ratio.
Flag and Pole Breakout with confirmation. The Giant has woken up from deep sleep and now it will go a long way.
Entry: CMP
Stoploss: 1340
Targets: 1670 / 1960 / 2750.
Bullish signals:
1. Breakout and retest of Flag & Pole Pattern.
2. Formation of Bullish Divergence, Lower Low & Higher Low.
3. European Central Bank cuts interest rates for the 1st time in 5 years.
Strong Fundamental IT LCAP Stock For 25% Return* Strong Fundamental IT Stock
* Largecap Stock. Minimum Risk
* Stock P.E < Industrial P.E
* Divident Yeild 2.1%
* Increasing Sales
* Increasing Profits
* R.O.E - 26%
* FII , DII, Government Holding Increasing
* Weekly RSI > 60
INFY S/R Support 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.
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.
infosys long term sip plan The chart shows Infosys Ltd. (NSE: INFY) on a monthly timeframe. Here's a breakdown of the key elements:
1. **Long-term SIP (Systematic Investment Plan) Stock**:
- The chart suggests holding this stock for the long term and booking profits when gains reach 100% or more.
2. **Fibonacci Retracement Levels**:
- The stock is currently around the 0.618 Fibonacci level at 1,405.05, which is often considered a strong support level.
- The 0.382 level is at 1,066.30, and this could be another key level of support if the price drops further.
3. **Buying Strategy**:
- Add to your position with every 25% drop or more from recent highs, averaging down your cost basis.
4. **Volume and Trend Analysis**:
- Volume bars indicate trading activity. There's a steady increase in volume, indicating growing interest over time.
- The long-term trend appears to be upward, despite recent corrections.
### Suggested Trading Strategy
1. **Long-Term Holding**:
- Continue to hold the stock as part of a long-term investment strategy.
- Consider booking partial profits when the stock doubles from your purchase price.
2. **Accumulation on Dips**:
- Add to your position during significant dips (25% or more) to lower the average purchase price.
3. **Monitoring Key Levels**:
- Watch the 0.618 Fibonacci level (1,405.05) for support.
- If the price breaks below this level, look for the next support around 1,066.30.
4. **Set Stop-Loss Orders**:
- Implement stop-loss orders to manage risk, especially if the stock falls below key support levels.
By following these guidelines, you can effectively manage your investment in Infosys Ltd. while aiming for long-term growth.
Investment Disclaimer
Investing in the stock market involves substantial risk, including the loss of principal. Past performance is not indicative of future results. It is important to conduct your own research and analysis before making any investment decisions. Consider seeking advice from a financial advisor to ensure that investments are aligned with your individual circumstances and risk tolerance. Never invest money that you cannot afford to lose. The information provided here is for educational purposes only and should not be considered as financial advice.
infy reddy for bulish moveon one day time frame its perfoming short of doble bottom parttern on lower time frame as 15 minutes, at very important support level, after braking 1448 level with big volume candle than can buy for targets of 1660 on resistance,stop below 1370 impportant supply zone
INFOSYS LTD S/RSupport 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.
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 ASCENDING TRIANGLE IDENTIFIEDINFY has formed an ascending triangle pattern on the hourly chart. A bullish candle has closed just above the resistance level, indicating potential upward movement. However, for a confirmed bullish trend, we await a clear breakout above the resistance. It's essential to note that a bearish breakout would invalidate this bullish projection, emphasizing the need for cautious observation.
smaller target may get executed....Pls go through the chart and see if you through a ball from your rooftop to the ground floor it at least bounce to half of first floor...! that's the retracement....hoping for that only.
INFY TREND ANALYSIS (FALLING WEDGE PATTERN IN DAILY TIME FRAME)INFY had a falling wedge pattern in daily time frame. As per my analysis a sharp rally can be noticed in coming days.
INFY (RIGHT PRICE IS IMPORTANT FOR TRADE)Infy waiting for big move but not clear its way. I am waiting for any point from which my stoploss is very short. Again find my three points for this stock. Wait for that level than calculate your risk & reward. Current demand zone is only for short time trade but support zone can give you big target.
Infosys | Infy idea | key LevelsInfosys | Infy idea | key Levels
1395/- 1360/- Imp Support for Infy
1550/- 1750/- Resistance if stay above 1360/-
InfosysNSE:INFY
Good large cap stock
It sector is now outperformer
buy cmp nearr 1425
Sl- 1334
Can add 13688
making Inverted hammer pattern
showing bullighness
INFY S/RSupport 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.
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.
InfyNSE:INFY
Good Stock
Technically it is in Sell
But good fundamentals
One year Target is 1900
1370 is major support
INFOSYS LTD Head and Shoulder formation on trendline support#FRESHVIEW DT 25.04.2024
#INFOSYS CMP. 1438+
Accumulate in DIP
Price Movmentum
1320-1380-1460+1550-1680-1880--2000
Hope For the Best
Stay Connected
#TEJGYAN
Buy Infy
Infy touched it's outer bound and giving goos by signal. I plan to buy it if it goes up tomorrow. If it i sin red tomorrow, we will wait for it to go up by at least 2 days before taking long position.
Infosys Wave AnalysisHey Guys,
Today, I would like to share some insights regarding Infosys' recent stock performance. Despite prevailing bearish sentiments since February 6, 2024, Infosys has surprised many community analysts, causing some predictions to falter.
Upon conducting an in-depth analysis, it became apparent that the stock has been undergoing a correction characterized by an irregular flat pattern. This pattern has created several challenges for traders, often resulting in unexpected outcomes and trapping many individuals in their positions. Allow me to elucidate the bearish sequence:
1. The first leg of the flat pattern, comprising three waves (abc), concluded on February 14, 2024, with a price level of Rs. 1635.50.
2. Subsequently, the second leg of the flat pattern, also consisting of three waves (abc), concluded on February 19, 2024, with a price level of Rs. 1711.50.
3. Following the completion of the second leg, the stock experienced a downward impulsive movement, culminating in a five-wave structure.
It's noteworthy that this irregular flat pattern is characterized by a subdivision of 3-3-5, exceeding the expectations of many traders and leading to lingering positions or exits triggered by stop losses.
Based on this analysis, there's a possibility that Infosys might reach a new high. Conservatively, we could anticipate a retracement of at least 61.8%. However, we remain optimistic about the potential for even higher levels beyond that threshold.
Thank you for your attention to this analysis. Don't forget to like, share, and subscribe for more updates.
Disclaimer: The above analysis is based on personal observations and research, and it should not be considered as financial advice. Always conduct thorough research or consult with a qualified financial advisor before making any investment decisions.
