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.
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Price Action successfully retested recent swing low @ Support zone. INFY is ready for its next leg up. Expect at least 10% minimum from here.
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...
INFY had a falling wedge pattern in daily time frame. As per my analysis a sharp rally can be noticed in coming days.
🎯 The chart says it all. Keeping it simple as always. 🎯 The price has remained within a range for quite some time. 🎯 We're approaching the support zone defended by the 200 WEMA 🎯 It will be interesting to see how the price reacts from that point. 🎯 Also, we await the results for FY 24. ⚠️Disclaimer: We are not registered advisors. The views expressed here are...
Infy waiting for big move but not clear its way. I am waiting for any point from which my stoploss is very short. Again find my three points for this stock. Wait for that level than calculate your risk & reward. Current demand zone is only for short time trade but support zone can give you big target.
on one day time frame its perfoming short of doble bottom parttern on lower time frame as 15 minutes, at very important support level, after braking 1448 level with big volume candle than can buy for targets of 1660 on resistance,stop below 1370 impportant supply zone
Infosys | Infy idea | key Levels 1395/- 1360/- Imp Support for Infy 1550/- 1750/- Resistance if stay above 1360/-
NSE:INFY Good large cap stock It sector is now outperformer buy cmp nearr 1425 Sl- 1334 Can add 13688 making Inverted hammer pattern showing bullighness
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
NSE:INFY Good Stock Technically it is in Sell But good fundamentals One year Target is 1900 1370 is major support
#FRESHVIEW DT 25.04.2024 #INFOSYS CMP. 1438+ Accumulate in DIP Price Movmentum 1320-1380-1460+1550-1680-1880--2000 Hope For the Best Stay Connected #TEJGYAN
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.
Hey Guys, Today, I would like to share some insights regarding Infosys' recent stock performance. Despite prevailing bearish sentiments since February 6, 2024, Infosys has surprised many community analysts, causing some predictions to falter. Upon conducting an in-depth analysis, it became apparent that the stock has been undergoing a correction characterized by...
Today Infy broke high of two red endulf candles which indicates bullishness in chart
Analysis of INFY suggests a promising buy opportunity following its recent correction phase. After a notable recovery from 1351 to 1733, the stock experienced a corrective ABC wave pattern, consolidating near its support zone. This consolidation, coupled with a 50% retracement of its last swing, indicates a potential completion of the correction phase. With...
looking for long entry in reversal zone . if price comes and shows reversal signs , will go long there. sl is close below zone. sl is less ..