INFY trade ideas
NYSE to NSE INFY is this a manipulation or coincidental one ?Lets start this idea with hits at the Likes and with your comments . I am sure you love this .
I wish to share a deep but very simple analysis where INFY was exactly following NYSE previous day OPEN Close High price to current day NSE INFY chart . It looks to be a big player Manipulation .
Once had sensed it would have made good entry and exit .
Please find the Big Player action in Market .
Two chart i have given below one is yesterday 4H chart circled once from New York exchange for INFY.
Today the same play happened here at our India Stock Market NSE.
It shows there is a big players who is manipulating the market exactly the same ways but a day apart each time.
Take the circled price of OPEN High Low Close(14th July) (NYSE market ) multiply that price with 75.20 USD that will almost match with NSE INFY price of 15th July 2020.
INFOSYS Price DevelopmentINFOSYS
(NSE: INFY)
Oct 2018 - Oct 2019 | Price moving UP
(1) Gap DOWN | Trendline Breakout, DOWNSIDE
Oct 2019 - Feb 2020 | Price moving UP
(2) Gap DOWN | Trendline Breakout, DOWNSIDE
Feb 2020 - July 2020 | Price moving UP
(3) Gap UP | Trendline Breakout, UPSIDE
(on 15 July 2020, yesterday)
INFYNSE:INFY
Results are around, and the OI addition seems to be on higher side in the ITM options which is suggesting further upside.
Entry above 806, if sustains then can see 813 and 823. Sl would be 799.50
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Infosys perfect cup-handle with 50 EMA breakout at pivot levelThe reasons why I choose this trade.
1. Cup & handle formation
2. 50 EMA, 14 EMA & Pivot breakout together
3. Shorterm trend break
4. On daily chart it is ascending triangle.
All above is happening at multiple day support which is at 697. So 697 is very crucial at this time. Once it break, higher upside is possible.