Company:- Infosys Ltd.
Sector:- IT (Information & Technology)
M Cap :- 6.14T
Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the daily chart showcases the emergence of an inside candle, signaling a potential breakout imminent in today's trading session.
Of particular note is the breakout of bullish divergence coupled with a period of consolidation evident on the hourly chart. This confluence of indicators suggests a compelling trajectory for the stock, with a projected upward movement towards the levels of 1575 and subsequently 1620 in the foreseeable future.
Disclamer:- Before taking any trade or investment do your own analysis or cunsult your financial advisor.
Sector:- IT (Information & Technology)
M Cap :- 6.14T
Technical Analysis:- The stock has experienced a notable decline of 15% from its recent peak. Delving into the intricate dynamics of its price movements, an examination of the hourly chart reveals a completion of correction within wave 12345. Furthermore, a meticulous observation of the daily chart showcases the emergence of an inside candle, signaling a potential breakout imminent in today's trading session.
Of particular note is the breakout of bullish divergence coupled with a period of consolidation evident on the hourly chart. This confluence of indicators suggests a compelling trajectory for the stock, with a projected upward movement towards the levels of 1575 and subsequently 1620 in the foreseeable future.
Disclamer:- Before taking any trade or investment do your own analysis or cunsult your financial advisor.
Trade geschlossen: Stop wurde erreicht
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.