INFY trade ideas
Infy looking bullish on charts. Expecting 1380-1400Option Strategy
Bull call Spread
+1x 25FEB2021 1300CE - ₹ 49.2
-1x 25FEB2021 1420CE - ₹ 11.4
Infy Buy - Long CallStock breaking down word trendline on hourly chart. To limit the risk one can go for bull spread.
A Long Position in making .Broadening Bullish wedge , Double bottom , Ascending Triangle and prices making higher lows .
Indication of a BUY after the break & retest .
INFY EW wave counts with HarmonicsSee how nicely Harmonics and EW waves work togther.
We can find high probable setups with these tools.
Right now Wave 4 is in progress and i am expecting one impulse leg further to complete the strcuture. We need to see how the waves are emerging and then attempt to count them using corrective waves pattern.
30) MY STRATEGY @BUY ATDAILY FINANCIAL WISDOM: "Every day there is a never-ending source of profits just waiting to be taken. Learn how to be in sync with the markets and they're yours..."
for this weekwatch for this week buying action continuously increasing by buyers..
target and stop loss mention in chart
Infy - Intraday / Swing Trade SetupInfy CMP - 1344.95
Looking bearish in higher time frame. One can go for Intraday / Swing Trade Setup with the following entry, exit & targets
Sell at or Below 1341 - 1340 ONLY / Stop Loss 1351
Target 1 - 1335
Target 2 - 1330
Target 3 - 1325 / 1315
For Options Lovers
Can buy Infy 1280 CE Jan contract buy range - 12 - 13 with stop loss 9
Target 1 - 15
Target 2 - 18
Target 3 - 20 / 22
Disclaimer: This is my view and for educational purpose only.
$INFY with a neutral projection following its earning release$INFY posted its earning release with a negative under reaction following it. The PEAD projected a neutral outlook for the stock placing it in Drift D
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Infosys is a bull strong above 1384 levelIf tomorrow we see promising price action above 1384 level then 1420 would be a great target to look for
INFY Profit booking zone No short yetRight now the question is where is wave 3 top
I have just show WAVE 4 as a ref only not per FIB levels.
However Wave 3 top and harmonic pattern confluence lead me to belive wave 3 top is somehwere between 1400 to 1450
Infosys: Time to Watch: IndiaBy Sun Storm Investment Research
A Profit & Solutions Strategy
Disclaimer: I am not a financial advisor, so please do your own research before trading anything
