Infosys coming close to buying point
Looks like Infy has reached to the bottom of current swing, can be a good buy for few days even if the upswing is temporary.
INFY trade ideas
SHORT SELL ON INFOSYS, MAY FALLOUT SOON.Infosys is currently on short sell position and it may fallout soon due to strong sell indicates that soon it fallout , maybe the best time to sell now and to those who want to buy should wait till fallout.
13/3/2023 INFY 4HNSE:INFY
All importants levels are drawn in the chart, work according to risk reward.
Possible Fallout ahead for Infosys Amid Downside BreakInfosys, one of the leading information technology companies in India, has been experiencing a downside break recently. This refers to a situation where the stock price of the company falls below a key level of support, indicating a potential shift in the market sentiment towards the stock.
If Infosys sustains this downside break, it may lead to more fallout for the company in the short term. This could result in further declines in stock prices, potentially leading to panic selling by investors.
There are several factors that could contribute to this downside break, including concerns about the company's financial performance, market conditions, and global economic outlook. Additionally, any negative news or developments related to the company could also exacerbate the situation.
Investors who hold Infosys shares should closely monitor the stock price and keep an eye on any relevant news or events that could impact the company's performance. It may also be wise to consider diversifying their portfolio to minimize potential losses.
In conclusion, while the downside break of Infosys is cause for concern, it is important to remember that the stock market is always subject to fluctuations and volatility. Investors should remain vigilant and cautious, and seek professional advice if necessary.
NSE:INFY
INFY Short ....Ending Diagonal Pattern Just For Education Purpose .... Ending Diagonal Pattern IN INFY ....Short with SL 1621
Insidebar + down side of box consilidations
Insidebar + down side of box consolidation
Bearish
Entry: 1472
Target: 1422
Sl: 1511
Risky.
Infosys diamond pattern breakdownWatch out for the confirmation of the breakdown on daily closing basis. That would imply a continuation of the broader downtrend.
INFY RETEST AFTER BREAKOUTINFY retest after a breakout from triangular pattern. Please do your study .Other probability is that come down and touch lower trendline before moves up.
Long Opportunity in INFYOpportunity to go long in NSE:INFY
1. 200 EMA Support
2. Positive RSI Crossover
3. MFI at buy level
4. NASDAQ at 200 EMA Daily Support Level.
5. NIFTY at 200 EMA support level
Infosys Daily chart analysis Infosys in past tested resistance multiple times and we might see a BO above the mentioned zone.
Buy Long - Infosys at 1584 SL-1566,Target 1702,Exp.returns-7.44%NSE:INFY Cup and Handle Formation Break out with high volume, Timeframe-13 days approx.
INFOSYS - ABOVE 1490 - DONT MISS ITBuy only Above 1490 we can see 1545 1585
Globally IT stocks are rallying and we have had good results that will support this upmove.
INFY BUYinfy had a dip below the swing low, from there buyers entered and broke the resistance.
this was a strong rally now it has started moving up again after retracement.
infy chart #trading #banknifty #trader #investing infy infy infyinfy infyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyinfyvv
INFOSYSHey traders this the day chart of INFOSYS in which Strong Resistance zone is: 1660
Support zone is: 1350
Keep eyes on it price comes to near this levels
InfosysEW 3 seems to be in progress with Target 1800+ at 1.618 Fibonacci levels.
RSI getting stronger steadily.
INFY Long OpportunityAs per my FTF strategy trade is active.
Either we can go long for the given target after confirmation of 15 min trendline breakout.
Trade at your own risk.
BUY INFOSYS FROM THIS LEVELYe bhi bahut he acha stock hai jisne kai logo ko pichle 3 dasak me karodpati banaya hai jisne bhi ache se long term se invested hai...now this is the best time to enter in IT companies as IT Index has near to bottom out. Many SMART MONEY is also bullish on this stock, you will see very soon a lot of investor recommend karna start kr denge sabke chart me ane wala hai ye stock,,,Infosys one of the best it sector in india,,Infosys limited provides IT consulting and software management and supply-chain solutions. It also offers application development and system engeering services.
Hense, our 1st target will be 1696 and if this cross then we will see 2nd and 3rd target till july-august 2023.
Disclaimer:- I am holding this stock in my portfolio.
Please like and follow me.
$INFY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $INFY after a Positive Under reaction following its earnings release placing the stock in drift A.
