INFY trade ideas
RELIANCE INDS HDFCBank ICICIBank INFY LevelsRELIANCE INDS HDFCBank ICICIBank INFY Levels
If __ trading above __ levels, & we can plan for longs
If __ trading below __ levels, & we can plan for shorts
CNXIT CNXENERGY CNXAUTO CNXPSUBANK CNXMETAL CNXFMCG RELIANCE INDS HDFCBank INFY ICICIBank TCS SBIN AXISBANK HDFC HCLTECH
INFY intraday and positional on 6th October 2022Hi good morning
please refer the today's study on the indices for the detailed view on indices and all here i am discussion about the INFY i.e. after crossing days high and giving the 15 min candle close above that level i.e. the 3 -- 5 min candle above that level then we see a up move towards the 1471 because the CE start unwinding which favors the up move and the 1500 is a Psychological level with a 28Lk OI and then 1560 is a level because no CE writing till tat level so 1550 then we may see a consolidation
Disclaimer -- I may have some positions in some of highlighted stocks and this is only study for understanding purposed of the data and the patterns I am not saying anyone to buy any of these picks discussed here i am not SEBI Registered
INFOSYS - LONG FutureHello all,
if you see infy have reached bottom made post 18 April ( 5 months) but low is not below it.
On fundamental with with FY24 EPS as 65 and PE 20 = 1300, we can take risk of 150 points.
My plan is make future long with no call writing for now.
Risk is 300 *150 = 45000 /-
Upside = 300 *300 = 90000 /-
if anyone is interested can try this.
ideally I write Infy call for 1400.
Its a risky bet