Infy is at minor support ... low R:R can be taken for long entry
INFOSYS is making a head and shoulder pattern and it can give breakdown below the red line and can short the red line and green lines are the buy ones.
Disclaimer: The view is for study purpose only, I am not a SEBI registered person please contact your financial advisor before investing. NSE:INFY
There's nothing more fearful than FOMO but hey dont worry if you missed on this one If the price of wipro retraces back to black line enter BUY and keep trailing profits .
A datailed recovery wave analysis on INFOSYS shows that, all the goods are digested by the market Now more shorts(1500CE) are developing and low volume with rise in price is a trap for retailers Its over one year to take some profits on hand by the smart investers. Don't you understand what's the hell is gonna happen?
market is running over and over pick level. thats why market not gonna be correction more then last low.
On the verge of Blast.... Closed right on weekly trend line.. Watch out for many opportunities.... US Economy will do good this year... Apne IT Majors ki Chandi hi Chandi.....
Infosys share prices - possible drop to 1325
INFOSYS has an all time high , though the current trend was bullish looking for an trend reversal , this is my analysis when market opens tomorrow Note :- This is just my analysis don't take this as financial advice PUT YOUR THOUGHTS ON COMMENTS I'D LOVE TO HEAR AND RESPOND TO YOU HAVE A GREAT DAY
Infosys can be short at the 1275 levels
This will only be possible Infosys respects the support I drew, so don't take any fresh trades on Infosys since Indian dollar currency value has been spiked too and it's not good news for IT companies like Infosys. So wait and take a safe trade there is no hurry Infosys.
Option Strategy Bull call Spread +1x 25FEB2021 1300CE - ₹ 49.2 -1x 25FEB2021 1420CE - ₹ 11.4
Stock breaking down word trendline on hourly chart. To limit the risk one can go for bull spread.
Mind Tree Catching Momentum .
If tomorrow we see promising price action above 1384 level then 1420 would be a great target to look for