Hey traders this the day chart of INFOSYS in which Strong Resistance zone is: 1660 Support zone is: 1350 Keep eyes on it price comes to near this levels
Buy only Above 1490 we can see 1545 1585 Globally IT stocks are rallying and we have had good results that will support this upmove.
Ye bhi bahut he acha stock hai jisne kai logo ko pichle 3 dasak me karodpati banaya hai jisne bhi ache se long term se invested hai...now this is the best time to enter in IT companies as IT Index has near to bottom out. Many SMART MONEY is also bullish on this stock, you will see very soon a lot of investor recommend karna start kr denge sabke chart me ane wala...
Infosys looking very bullish as there is a bullish flag and pole chart pattern overall also it's positive and the IT sector correction is ended.So it goona be a good trade the traget of the stock is much more than I am showing I am showing is at reference because I does not decide any traget of any trade i only decides the stoploss. DISCLAIMER: I am not...
infy had a dip below the swing low, from there buyers entered and broke the resistance. this was a strong rally now it has started moving up again after retracement.
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EW 3 seems to be in progress with Target 1800+ at 1.618 Fibonacci levels. RSI getting stronger steadily.
As per my FTF strategy trade is active. Either we can go long for the given target after confirmation of 15 min trendline breakout. Trade at your own risk.
Bullish Cypher working in infosys.Trend reversal at PRZ.Amazing
Infosys has formed a bullish butterfly pattern on daily charts.
Trade Plan A:Long at 1493.3 TP 1651.45 SL 1344.25 Plan A 1 short term : Long at 1507.9 TP 1577.90 SL 1440.80
We should see Infy move up on 16th Jan Monday. Should move up to 1519 from current price. Imp levels mentioned on the chart
Infosys will fill this gap before Results next week on 12th Jan... Accumulate from 1440 to 1420 zones...DONT MISS IT
We should see Infy fall on the 29th of Dec. Should fall up to 1497 /1484. Infy has been trading in a range and needs to breakout either side for any further movement. It has still not tested the 1500 and below level. Should be interesting to watch
We should see Infy fall on the 29th. It has been trying to cross the 1520 level for the last week. But has failed every time. The last effort was today. Infy may now test the level below 1497. If it again tries to cross 1520 and succeeds, we may see a good upwards move.
Bullish Chart overall close above 1526 can be good for Swing Trade...
NSE:INFY is continue trading above support of 1501. My idea is to take entry at 1501 with stop loss of 1480 (-21 Points Risk). My expected upside target will be 1534 (+33 Points) & 1555 (+54 Points). Note: This is my personal analysis, only for learning. Thanks.