INFY trade ideas
INFOSYS TRIPLE BOTTOM NEAR THE SUPPORT ZONEMARKET ANALYSIS: The pair is trading near the major support zone. Also we a are seeing a formation of triple bottom near the support level. So if the support holds on we can see a trend momentum towards the next possible resistance. So lets wait and see what the market does in the coming days. Cheers!
Infosys, on the verge of Confirming a double bottomPlease see explanation in chart. Long only at close above 1040 with volumes.
Divergence signal followed by a gap-up formation with volumesPrice is building up above the SMA50 level with improved volumes. It is certainly a clear flag formation breakout as well.
With the gap-up pattern, we expect the target will be envisaged around US$16.09.
Meanwhile, support will be located around US$15.13, US$14.82 and US$14.60.
Infosys rising Channel breakdowm (Educational)The stock has seen Rising channel breakdown pattern multiple times on both weekly and daily charts. The initial breakdown from long term trend was seen at 1020 levels and the stock fell to 900 levels and retested the 1020 levels and now has created a fresh rising channel breakdown at 950 level and probably may drift down to 850-870 levels in next few weeks
DNA STRATEGIES generated a buy signal generated buy signals in INFY. Entries, exits , TP
DAILY FINANCIAL WISDOM: Always remember, trading is simple. It's the trader who makes it more difficult than it has to be.
INFOSYS 45min chart Super Buying oppurtunityWait for INFY to come to 930 levels and long at this level
INFY POSSIBLE SHORTWait for the breakout to the downside before shorting.
Don't miss the dip to buy as well..
Great stock to keep in portfolio.
It will not go straight away to break the top, but that's the cheapest you might get 'infy'
Infy - Buy set up..Infosys after sharp fall from ending diagonal might retrace upto 50% of fall in the form of B wave..before resuming downtrend again...SL is recent low of 1007..tgt 1140
