INFY has formed an ascending triangle pattern on the hourly chart. A bullish candle has closed just above the resistance level, indicating potential upward movement. However, for a confirmed bullish trend, we await a clear breakout above the resistance. It's essential to note that a bearish breakout would invalidate this bullish projection, emphasizing the need...
Pls go through the chart and see if you through a ball from your rooftop to the ground floor it at least bounce to half of first floor...! that's the retracement....hoping for that only.
- Here is an update to the Nifty IT analysis we posted back in 2022. - The price action is pretty sluggish. Literally "Trading in the Zone" ( Get it? If not you need to read that book " Trading in the Zone by Douglas" It will teach you the psychology aspect of trading) - We will keep updating the price action as it unfolds. - In the meantime, look at how NDX has...
Infy touched it's outer bound and giving goos by signal. I plan to buy it if it goes up tomorrow. If it i sin red tomorrow, we will wait for it to go up by at least 2 days before taking long position.
Today Infy broke high of two red endulf candles which indicates bullishness in chart
The trend was broken on 2nd March. I'm bearish on the IT Consultancy Industry going forward. Note: This is a custom index formed by equally weighing Large Cap IT consultancy stocks. Relative Momentum (w.r.t. Nifty) indicator has been applied on the same. Stocks considered for the index: TCS INFY HCLTECH WIPRO LTIM TECHM TATAELXSI LTTS PERSISTENT MPHASIS
If you're interested in trading with Infosys, here are some levels that you may want to consider.
Fundamentals of Company 1. Consistent Growth of Company & Increasing Profits Year on Year 2. Great to Fair Valuation 3. Strong Big Players Holding 4.Robust management 5.IT Sector is Outperforming & Flourishing Technical Factors for Buying 1. Completion of Accumulation & Formation of HH + HLs on Daily & Weekly TF 2. Retest of major breakout completed 3. Bullish...
its 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
This stock breakout 2years major resistance level and TGT will be ATH level only for educational purpose
NSE: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
After launching this ETF 1st time they given breakout. Now this year focus on this ETF on every deep. This ETF may be outperform to Market. 6800/6500 good accumulation zone Uper side we seen 7888/8383/8888+
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
Indy Monthly chart trendline breakout First Target 1654 & Second Target 1886. Anyone can will be also hold for long term.
www.tradingview.com INFOSYS (NSE: INFY) : It seems currently in a range bound of 1520-1570. Until it is not breaking 1520 at lower level, it is not going to fill the historical gaps lefts below. For higher side, it need to break 1570 to test its 52w high at 1619. The next target at higher side will be last swing high at 1660 approx.
The "Ball" as you can see in the above chart is clearly on the buyers half of the ground. The real question is how hard are they going to kick it to the upside? Or are they not going to kick this time around? Well i believe this could be a "10-13%" kick(which is pretty hard). CMP 1391 support zone 1370-1380 SL 1350 Target 1550 Note*- Please do your own...
Currently, Infosys is making its way down to a 15-minute Demand Zone. Let's unpack this potential trade: Zone Quality Check 🕒: The 15-minute Demand Zone Infosys is approaching exhibits notable strength, characterized by a robust follow-through. This suggests a compelling setup for potential trades. Intermediate Frame Exploration 🔄: Zooming out to the...
INFY 1hour chart forms a Symmetrical triangle pattern more support in bottom trend line. keep this stock in watchlist breakout will happen within 1 or 2 month. Monitor this stock for both EQUITY and F&O trades. My view in this stock is go LONG.. TARGET 1 ---> 1650 TARGET 2 ---> 1800