Trade according to your risk appetite 0.886 is an important level for target
Using the Fibonacci retracement levels we notice that we have 5 significant points leading us to forecast that after reaching the resistance at 1606, the price will drop to around 1520 then will rebound to the level of Fibonacci at 1664.
so on the chart, I can see a good swing trade in INFOSYS LTD, as it is on a resistance level of 1435, and if this level breaks and sustain on Monday we can see a breakout also there is forming W (Double Bottom) pattern and high volume which highly indicate good support to break for the upside, and if it sustains upside we can take swing trade for 1-2 weeks and...
INFOSYS may going to form inverse H&S patterns ,once its conformed we expect 1600-1700 levels in short term
Disc- Not a buy recommendation. Only for Knowledge and practice purpose
if market opens sideways then with R:R ratio 1:2 we can buy on breakout of resistance with SL of 7-8 points
Infosys Futures Key Trading level 28th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
Infosys Futures Key Trading level 24th June 2022 Disclaimer: These levels are purely based on Price action/demand and supply zones & and consumed only for educational purpose & should not be taken as buy/sell recommendation. I will not be responsible for any loss/profit incurred if anyone takes trades based on my views. Please consult your Financial Advisor...
Infy to go down to 1255 If close crosses below above level this then down to 1215 This is my personal opinion and not any recommendation to buy or to sell.
It was Reliance vs Infosys for yet another day today. The bears seem to have a good grip on the market, but the intraday price action did seem to favour the bulls. What's your view?
IT stocks continue to fall since it results come out. in current scenario the Infosys stock is still bearish Supports are same, resistance is low.
Here we analyze the price chart of infosys. you can take a look at our analysis then customize your trade.
INFOSYS 15 min chart pattern trying to make double top pattern inside tringle so we can wait for breakout
Nasdaq - Side ways movement prediction. The current movement will retrace to the next swing. Note this is only for educational purpose.
The markets fell yet again, this time owing to HDFC twins and Infosys. Nifty is at 50 and 200 MA, let's see how the week shapes up. What's your view?
Infosys has changed its levels now Earlier the stock was moving in support of 1660 levels Currently the stock has managed its support levels to sustain at 1835 levels Further, if the Support 1835 levels and resistance of 1890 manage to sustain. Stock can see further breakout.
So far last 15 months investors were riding on the nice acceleration wave gaining almost 350-400% from March lows (like most other fundamentally strong companies). Look how beautifully it has been on the upside from 30WMA. Last 2 months were bumpy ride. It broke on 30wMA once and then hover to regain MA line . This week it has broke MA line for another upside but...
INFY if break down 1670 it will come down upto 1550 i expect 10% fall from current price of 1720