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 chiuso: stop raggiunto
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.