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 purpose
DYNAMATECH 4126 Open Targets and Open SL Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is...
Infosys monthly chart has faced rejection from downward trendline. The uptrend on lower time frames seems unreliable. ❤ & follow for more.
INFOSYS is a top it services company in the world with consistent profits and has been a multibagger for many. It is currently 31% down from lifetime high which makes it a good bet in the short term. If has broken all its previous lifetime highs in the past to make a new lifetime high and this time also it will maintain its track record. It is a 44% gain to lifetime high.
INFY could be registering a new Lower High(LH) & then possibly go down and make a new Lower Low(LL). I'll be watching it closely for a possible reversal & then trade on the way down from 200EMA.
INFY is currently experiencing a bearish trend on the weekly timeframe. Following a significant decline in price, there has been a bearish breakout below a key support level. The price has retraced back to this broken support level, indicating a potential continuation of the downward movement. The next support level is anticipated to be around 1100, further...
Police pattern created in Infosys. We can expect 5% movement in coming days.
We have seen about a 40% fall from its all-time high in Infosys Ltd. Currently Stock is trading at .50 Fibonacci support i.e. 1230, which is coincided with a price action support at 1250. Hence we have a support band from 1230-1250. Stock can be a very good value buy at the current level for long-term investment purposes.
Since hdfc closed above the previous high And also retested above the previous high Possibility for filling the gap is very high And OI data indicates strong resistance at only 2800 Till 2800, there will be a strong rally. Fib 0.6 coincides with the IO data Closed above Fib 0.3 and retested
Price has reated to a Demand in Higher Timeframes, after reacting Price has violated a Daily Supply confirming an UpMove, post violating the Daily Supply Price has formed a Daily Demand and has reacted to it, Was a perfect buy for yesterday, expecting Price to reach the Resistance formed in the opposite @ 1355.00, therefore a total of 6.5% from CMP till the TGT...
Reasons for the cup and handle to breakout: Infy - Cup and Handle - waiting for breakout Retest done at RBR candle in daily Huge possibility for gap filling Nasdaq has tested the current supply zone multiple times and ready for breakout TCS is in the clear up trend. Some short covering positions is holding the infy to breakout. Huge OI is formed at 1300...
Infosys wave analysis reveals that 5 waves of (A) and 3 waves of (B) have already completed, and the current focus is on wave (C). As of now, waves 1, 2, and 3 of (C) are completed, while wave 4 of (C) is currently in progress. Regards
Many of you must be having Infosys in your portfolio. Even I have it. There is a short term pain for all of you but here is some data that can help you in making your decision. I will be holding it but it is not necessary that you should do the same. Is the long term story in the company intact? Ans: Yes. Why will I be holding majority of my Infosys share?...
Infosys around the bottom. time to accumulate this share. Stop loss below red region mentioned in the chart.
Infosys is down after missing estimates Infy may technically re bounce to 1400 levels but its going to go towards 1000 Recession in Developed markets are taking a toll
INFY IS LOOKING SHORT It looks like the INFY seller distributing at current level of 1487 and it might touch 1476 today itself. Regards No recommendation to sell or buy ...!
Range bound. wait for the trigger on upper or lower side.