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...
NDQ has formed double bottom at 13,000 range, tGT 1 is 13150 With Central bank being neutral, NDQ will break the supply zone and will fly soon.
infosys had formed a wedge since august on weekly chart which was later broken down with confirmation on the first week of march and after that infy had opened gap-down heavily and reached the target
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?...
#INFY Nearing a Major support zone! ✅ Price breakout in Jul'20 followed by a strong correction towards the same zone ✅ The downward sloping channel can provide strong support as well ✅ 1000-1100 levels is a strong support zone
Infosys around the bottom. time to accumulate this share. Stop loss below red region mentioned in the chart.
Looking at the INFY Infosys Limited options chain ahead of earnings , I would buy the HKEX:20 strike price Calls with 2023-10-20 expiration date for about $0.45 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Watch out for the confirmation of the breakdown on daily closing basis. That would imply a continuation of the broader downtrend.
NEGATIVE SIDE : 1. Nifty IT broke the major support level at 34450pts during the last trading session. 2. The two major rejection candle at the level 36750pts in the recent time is so crucial. This is because of the two major correction happened in the past one in 2000 and the other during the corona situation. Both the corrections have the 4.236 fibonacci level...
Opportunity to go long in NSE:INFY 1. 200 EMA Support 2. Positive RSI Crossover 3. MFI at buy level 4. NASDAQ at 200 EMA Daily Support Level. 5. NIFTY at 200 EMA support level
Infosys in past tested resistance multiple times and we might see a BO above the mentioned zone.
As we can see that given chart the IT sector as form very good base , with bull sash candlestick pattern on last month low with fibonacci retracemet also at that same level suggest how important that level is for price. Bull sash is very pwerful bottom forming candlestick pattern with high success rate. As last week was bearish but this week price gapup plus give...
HELLO ALL, GOOD EVENING, VERY INTERESTING MARKET CLOSED DEEPLY NAGATIVE, DESPITE OF GLOBAL & INDIAN MARKET, IT SECTOR IN POSSITIVE. Accenture results good, but guidance given some low comparitively less than last quarter. it sector going to anounce jan 12 start with infy. just check TCS, INFY & HCL THESE 1.Closed above moving avg 2. fibb retracement done &...
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.
Infosys Ltd is currently trading around 1526. We had a V shape recovery in price but now people are taking profits and selling their share. Price also deviated above previous high of 1631.35 and now it's trend is changed in downwards direction. Nifty is also looking bearish at the moment. Expecting Infy to Fall around 1355 and below. You can short it after a...
INFOSYS Intraday And Swing trading view INFY will be a good buy above 1648 which is a good resistance level, And 1616 is a support. If it breaks this level today we can see a gap filling which will be good for swing trading. As per the market cycle every sector moves up as the index rallies now is the time for IT sector to boom so keep a watch on it. Swing...