INFY Weekly Chart AnalysisInfosys is currently holding it's breakout level lets wait for another breakout of recent swing .
INFY trade ideas
INFY S/R for 28/2/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Found Simple Bull Run In InfosysEverything is pretty much explained in the chart itself.
For any query kindly dm.
Thank you So Much.
INFY INTRA DAY TO SWINGInfosys can give a good swing or positional trade with a decent stoploss
Entry - 1703
STOPLOSS - 1685
Targets - 1730, 1740,1750++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
INFOSYS LTDits taking support (0.5) retracement level 1980 rs above breakout and need for retracement , trend based target 1 is 2327 rs ,and target 2 is 2648 target 3 is 3525rs
INFY weeklyPossible counts of EW analysis is shown on weekly TF for the script. The raise was corrective in nature and may continue correction until we see an impulse move upside. Either Blue circled or Black circled correction pattern can play out
INFOSYS SHOWING STRONG SUPPORT This stock major resistance level and TGT will be higher if it takes a retracement
only for educational purpose
INFOSYS LTD S/R for 12/2/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Infy Trend line support Infy taken perfect trend line support
above 1500 can touch 1595 /1650
and RSI above 40
INFOSYS LTD S/R for 8/2/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Infy Gap filling pendinginfy showed multiple gap
also trend line support taken
now depend on fed rate policy if pause all IT stocks will bounce
first two level
@1739
@1768
INFOSYS BREAKOUTThis stock breakout 2years major resistance level and TGT will be ATH level only for educational purpose
INFOSYS LTDThis stock breakout 2years major resistance level and TGT will be ATH level
only for educational purpose
infyNSE:INFY
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpos
INFY InfosysStick with Infosys as the trend may just be beginning. Can you a stop price of $17.90 using the TTG MarketWebs #VolumeAtPrice Indicator. Aim for previous highs.
INFY S/R for 23/1/24Support and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
INFOSYSInfosys: Stock is showing bullishness, breaking out it's long consolidation. We may see the targets of 1800-2000 levels in short term.
INFY Weekly Chart Analysis Infosys is trading near breakout level on weekly chart
strong reversal seen on chart
strong uptrend seen on chart
Is INFY at a great resistance?Is Infosys at a really important resistance? Can we go long if it breaks? Or should we wait for retest upon breaking the resistance?
Mukund
INFYThese are swing ideas which you can add your watchlist and analysis for yourself !
Keep on your radar!
This I am not sebi ragister I
INFYDouble bottom on Chart
Chart setup is very good for long position.
Buy infy for long term.
All setup favour in long position
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations
Can be Bullish Reversal for Infosys1. In April’23 & May’23 Stock took support of a long term trend line on monthly chart . (this can be considered as end of wave 4 on monthly chart).
2. Also we can see Reverse Divergence (Bullish) between Lows of March’20 and April 23 as Price was making Higher Low and MACD was making Lower Low.
3. May 23 can be considered start of 5th wave.
4. Going deep in to the 5th wave on the Monthly Chart, Starts with a bottom formed on 17
Apr ’23 with a very high volume.
5. On 18th Dec 23 there was a Breakout of highs of some high volume candles formed in last 20 weeks.
6. Price is retesting above support (Highs of High Vol. candle)
7. On daily chart, Lower Bollinger band and EMA 50 are acting as a major support .
8. On Hourly Chart, Divergence is observed and double bottom is formed .
