Double bottom on Chart Chart setup is very good for long position. Buy infy for long term. All setup favour in long position Disclaimer This is my personal view for education purpose only No Buy sell recommendations
1. In April’23 & May’23 Stock took support of a long term trend line on monthly chart . (this can be considered as end of wave 4 on monthly chart). 2. Also we can see Reverse Divergence (Bullish) between Lows of March’20 and April 23 as Price was making Higher Low and MACD was making Lower Low. 3. May 23 can be considered start of 5th wave. 4. Going deep in to...
Any idea where it can go? bullish or bearish? It looks like it is forming triangle. It started with a hanging man. It looks like going bearish. Any suggestion?
Indy Monthly chart trendline breakout First Target 1654 & Second Target 1886. Anyone can will be also hold for long term.
Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...
Infosys Ltd provides consulting, technology, outsourcing and next-generation digital services to enable clients to execute strategies for their digital transformation.It is the 2nd largest Information Technology company in India. If focus at company P/E Ratio so it is indicating perfactly company is trading at fair value and avrg sector P/E is more than stock...
www.tradingview.com INFOSYS (NSE: INFY) : It seems currently in a range bound of 1520-1570. Until it is not breaking 1520 at lower level, it is not going to fill the historical gaps lefts below. For higher side, it need to break 1570 to test its 52w high at 1619. The next target at higher side will be last swing high at 1660 approx.
//@version=5 indicator("Simple Moving Average Crossover", overlay=true) // Input for moving average length length = input(14, title="Moving Average Length") // Calculate SMAs sma_short = sma(close, length) sma_long = sma(close, 2 * length) // Plot SMAs on the chart plot(sma_short, color=color.blue, title="Short MA") plot(sma_long, color=color.red, title="Long...
Yet to break. Go long only it breaks and sustain above the trendline. It's good for swing and intraday too. It's only my view not a recommendation.
Simple ORB STRATEGY I'm expecting above blue line close D chart will lead to 10% target 1 Sl 5% or previous low 3 to 6 months (FOR MTF TRADE VIEW ) Just a view educational purpose only trade at your risk management
INFOSYS LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1715+. ✅Can Go Long in this stock by placing a stop loss below 1510-.
It showing good chart pattern break out at weekly chart and good price range to invest for longer term no short term trade
IT sector seems to be breakingout with multiple it stocks showing strength and breaking out.
Trying out a New Concept. Please trade at you risk. This is just a tutorial chart and not financial trade suggestion
Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...
Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels...