0XSE trade ideas
#INFY... looking for 23.05.23#INFY... ✅▶️
take target upto 1350
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Bullish break out in InfosysPolice pattern created in Infosys.
We can expect 5% movement in coming days.
INFY--WEDGE Pattern Breakout??Observations::
-------->> the stock is trending downwards in daily time frame.
--------->> created a demand zone @1230 range.
---------->> now the stock price is trading @ 1280 level, facing resistance several times,
if price gives break above this levels we will observe a strong momentum towards upside is possible.
if again falls from this place we will buy @ 1230 range.
Infosys going back to 1200?INFY has been in a bearish structure on the daily chart since March 23. It had gapped down to 1190 levels in April after a bad surprise in results. It has pulled back to the 1280 area which is the base of the gap. If selling pressure continues, a short position could be considered keeping the following levels in mind:
SHORT BELOW: 1254.25
STOP LOSS: 1279
TARGET 1: 1229.50
TARGET 2: 1204.75
Please do wait for at least a 15 min candle close below the "SHORT BELOW" level before initiating the trade.
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INFOSYS LTD - Value Buy at current levelsWe have seen about a 40% fall from its all-time high in Infosys Ltd.
Currently Stock is trading at .50 Fibonacci support i.e. 1230, which is coincided with a price action support at 1250.
Hence we have a support band from 1230-1250.
Stock can be a very good value buy at the current level for long-term investment purposes.
INFY - Weekly AnalysisIn the Weekly Chart of INFY ,
we can see that, it is at decision making.
Lets see what direction the momentum goes.
{INFY BACK IN ACTION} :(EXPECTED RISE 6.5%)
Price has reated to a Demand in Higher Timeframes, after reacting Price has violated a Daily Supply confirming an UpMove, post violating the Daily Supply Price has formed a Daily Demand and has reacted to it, Was a perfect buy for yesterday, expecting Price to reach the Resistance formed in the opposite @ 1355.00, therefore a total of 6.5% from CMP till the TGT of the trade.
ENJOY THE RIDE ! ! !
Infy - Cup and Handle - waiting for breakoutReasons for the cup and handle to breakout:
Infy - Cup and Handle - waiting for breakout
Retest done at RBR candle in daily
Huge possibility for gap filling
Nasdaq has tested the current supply zone multiple times and ready for breakout
TCS is in the clear up trend. Some short covering positions is holding the infy to breakout.
Huge OI is formed at 1300 levels, so 1280, 1260 will see a short covering positions which is pulling the current selling.
Today's close is above the RBR demand area which is a positive sign.
Retest the previous lowFrom the general view.. it is possible that the price will be bullish in the form of a strong five-motive, and the correction is now taking place in wave 4 of the previous last bottom, from which the gathering is taking place to make a final new peak
let's see
INFY 4h SMC homeworkInfosys 4h smc homework
trying out in a sideways range opposite to ITC which was trending
INFOSYS BEARISH SEQUENCEInfosys wave analysis reveals that 5 waves of (A) and 3 waves of (B) have already completed, and the current focus is on wave (C). As of now, waves 1, 2, and 3 of (C) are completed, while wave 4 of (C) is currently in progress.
Regards
Infosys - ADR - Good breeak outInfosys - ADR - Good breeak out
1:5 RR.
Cup and handle formation
Quality supply area is created
WHY INFOSYS FELL SO MUCH (PART - 1)
infosys had formed a wedge since august on weekly chart which was later broken down with confirmation on the first week of march and after that infy had opened gap-down heavily and reached the target
$INFY with a neutral outlook following its earnings #StocksThe PEAD projected a neutral outlook for NSE:INFY after a negative under reaction following its earnings release placing the stock in drift D with an expected accuracy of 63.64%.
Sell Infosys (no need to buy , avoid it)Infosys was in bottom of 2 year and it's tym to avoid it because it break its important support zone therefore sell it below 1224
Target 1177 1128 1046
Sl 1239
What if you have infosys in your portfolio? Many of you must be having Infosys in your portfolio. Even I have it. There is a short term pain for all of you but here is some data that can help you in making your decision. I will be holding it but it is not necessary that you should do the same.
Is the long term story in the company intact?
Ans: Yes.
Why will I be holding majority of my Infosys share?
Because it is a premier Indian IT services company. For me the growth has diluted but not the story. Secondly my entry point is quiet low. Infosys, TCS and Reliance in the reverse order where the first shares that I bought in my account. There is chance of recession in West and IT sector may get affected due to it as a whole. Off late I am not very very happy with some Management moves by Infosys at a deep level. I feel that TCS and LTIM and few other IT firms like Tech Mahindra and HCL Tech may out pace Infosys in a short run. But Infosys is too big an organization and can definitely surprise us by giving a great result next quarter or after next one or Two Quarters.
I have expressed my opinion. You can take a call based on your judgement.
The Chart covers almost 25 year channel of Infosys.
Support levels are: 1191, 1064 and 972.
Resistance levels: 1263, 1311, 1368 and finally 1432.
NFOSYS ANALYSIS & OUTLOOK#INFY Nearing a Major support zone!
✅ Price breakout in Jul'20 followed by a strong correction towards the same zone
✅ The downward sloping channel can provide strong support as well
✅ 1000-1100 levels is a strong support zone
Infosys 1185 is important support for the this week.
If break thenmore dow side in stock.
Upside target will be today's high.
Time for a reversal for Infosys? Infosys around the bottom. time to accumulate this share. Stop loss below red region mentioned in the chart.
#Niftyit #Nifty May retest 1400 but trend is downInfosys is down after missing estimates
Infy may technically re bounce to 1400 levels but its going to go towards 1000
Recession in Developed markets are taking a toll
Interesting weekly set-up in Infosys before resultsAbove last week's high of 1436, the price may give a good positive run if the results support it.
Else, we may also play it negatively, if it misses the estimates on its results on 13th April.
Targets are spotted based on the moving averages but one can play with their own Risk levels.
Interested to see how this stock unfolds..!
INFY IS LOOKING SHORTINFY IS LOOKING SHORT
It looks like the INFY seller distributing at current level of 1487 and it might touch 1476 today itself.
Regards
No recommendation to sell or buy ...!
