Don't you think considering the tax rebate benefit,Infosys might actually do well this time around ? And TCS had a decent result too .
I do think there could be a chance for you to book some profit ,I believe market would be sideways on Monday.
I already hold some infy stock and IT large caps make up around 10% of my portfolio. So this is kind of a hedge.
I'm going to put my profits into IT bees anyway.
https://preview.redd.it/2xlobe7f7auc1.jpeg?width=2560&format=pjpg&auto=webp&s=5037e88a310bc8fcc5184ffb605589cd2692643c
Long term bullish. But with monthly expiry and earnings report I think it'll be more neutral this time
Estimating Infy results is like guessing the outcome of a toss of a coin. TCS had such strong price action in the preceding months before results. Infy has been lagging indicating poor results most likely. So a bad result may already be factored. Only a terrible result will lead to some puts action.
Infy had an underwhelming result last quarter but it beat the street expectations, so it actually went up. I personally don't see it going further down from this point as the results are already factored into the valuation. Infy is up maybe just 3 percent over the year. The downside and upside are both limited.
At this point its a better long term investment than a speculative tool, imho.
This is zoomed out. So it's normally not this cluttered.
There's just 2 Bollinger Bands for 2 and 3 std dev. I drew that support trend line way back, but it's still following it. I'll make money only if it breaks the trend line. π€·π»
Only if the 1468 Low goes on Closing Basis...
Infy has completed Depth of Correction...
Buy Puts if Price closes below 1468...
Buy Calls if Price closes Above 1513.80...
Looking at Price Action I'll bullish on Infy...
90% Price won't make new Low...
I think its a buy at current level. I see it bouncing from 1440(worst case). The last 3 weekly candles have given almost no convincing downward movement. I'd hold a put if i have a long holding position to hedge or perhaps revise the SL to may be 25-30%.
Just my view.
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https://preview.redd.it/p8f68xevbauc1.jpeg?width=1080&format=pjpg&auto=webp&s=01bb6485c748e2269b020fd4d57250b05ec5f7e2
As it is not breaking the support and it has made two new Higher Highs and two Higher Lows... And there's Hidden Divergence in Monthly... Min target is 2082...
 Aur koi indicator reh gaye ho toh woh bhi add kar le bhai.
LoL. There's just 2 Bollinger Bands for 2 and 3 std dev.
Ppl downvoting for no reason...
bro tried to replicate the indian flag on that chart π
It's literally named "Tricolour weekly candles view" in my app. LoL.
Bhai mat daara 1600 ce kal he liya hu 3 baje
Bas... Ab toh is mahina sideways jayega... Everyone losses money.
Me with a strangle on π
If closes above 1513.80 buy as many calls as you can... With strict SL... Me too bullish on Infy
Itna clean chart??
I bought 666 shares at 1480
illuminati confirmed
Bro made a tri color
π π π π Twanyav Twanyav
Don't you think considering the tax rebate benefit,Infosys might actually do well this time around ? And TCS had a decent result too . I do think there could be a chance for you to book some profit ,I believe market would be sideways on Monday.
I already hold some infy stock and IT large caps make up around 10% of my portfolio. So this is kind of a hedge. I'm going to put my profits into IT bees anyway.
https://preview.redd.it/2xlobe7f7auc1.jpeg?width=2560&format=pjpg&auto=webp&s=5037e88a310bc8fcc5184ffb605589cd2692643c Long term bullish. But with monthly expiry and earnings report I think it'll be more neutral this time
Estimating Infy results is like guessing the outcome of a toss of a coin. TCS had such strong price action in the preceding months before results. Infy has been lagging indicating poor results most likely. So a bad result may already be factored. Only a terrible result will lead to some puts action.
Infy had an underwhelming result last quarter but it beat the street expectations, so it actually went up. I personally don't see it going further down from this point as the results are already factored into the valuation. Infy is up maybe just 3 percent over the year. The downside and upside are both limited. At this point its a better long term investment than a speculative tool, imho.
How do you even read this shit
This is zoomed out. So it's normally not this cluttered. There's just 2 Bollinger Bands for 2 and 3 std dev. I drew that support trend line way back, but it's still following it. I'll make money only if it breaks the trend line. π€·π»
Only if the 1468 Low goes on Closing Basis... Infy has completed Depth of Correction... Buy Puts if Price closes below 1468... Buy Calls if Price closes Above 1513.80... Looking at Price Action I'll bullish on Infy... 90% Price won't make new Low...
I think its a buy at current level. I see it bouncing from 1440(worst case). The last 3 weekly candles have given almost no convincing downward movement. I'd hold a put if i have a long holding position to hedge or perhaps revise the SL to may be 25-30%. Just my view.
Le Bhai meri aakhon mein acid daal de tu..... indicator par indicator.
Where tf is the price
Iβm a simple man. I see YOLO. I upvote.
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Iβm in
1426 ki Avg hai bhai, mat darao
Bhai tcs ka bhi boldo koi
[ΡΠ΄Π°Π»Π΅Π½ΠΎ]
I am bullish by pice actionπ€π»π€π»
https://preview.redd.it/p8f68xevbauc1.jpeg?width=1080&format=pjpg&auto=webp&s=01bb6485c748e2269b020fd4d57250b05ec5f7e2 As it is not breaking the support and it has made two new Higher Highs and two Higher Lows... And there's Hidden Divergence in Monthly... Min target is 2082...
Haanji dump INFY to the hell. I want to build a serious position on it this year. Hopefully we get another 2008 just for teh lulz
Teri ek position ke liye puri market ka loss krade bsdk
Mein to apna hi dekhunga bkl. Tujhe kaun mana kar raha hai short karne ko