Infosys Stock Crashes when to Buy
Technical Chart Analysis
According to chart analysis, there is a possibility of further decline in Infosys shares. The stock has broken its recent support levels, with the next downside targets at ₹1650 and ₹1550.
RSI (Relative Strength Index): This indicates that the stock may still enter the oversold zone.
Moving Average: The stock is trading below its 50-day and 200-day moving averages, signaling a bearish trend.
Volume Analysis: A significant increase in volume suggests that large investors are also involved in this decline.
Trading and Investment Opportunities
This situation could offer excellent opportunities for futures and options traders.
Short-Term Trading:
Consider taking short positions with ₹1650 and ₹1550 levels in mind.
Trade with stop-losses and a proper entry-exit plan.
Long-Term Investors:
Long-term investors may wait for further decline in the stock. Around ₹1400/1300, this could present a good buying opportunity.
According to chart analysis, there is a possibility of further decline in Infosys shares. The stock has broken its recent support levels, with the next downside targets at ₹1650 and ₹1550.
RSI (Relative Strength Index): This indicates that the stock may still enter the oversold zone.
Moving Average: The stock is trading below its 50-day and 200-day moving averages, signaling a bearish trend.
Volume Analysis: A significant increase in volume suggests that large investors are also involved in this decline.
Trading and Investment Opportunities
This situation could offer excellent opportunities for futures and options traders.
Short-Term Trading:
Consider taking short positions with ₹1650 and ₹1550 levels in mind.
Trade with stop-losses and a proper entry-exit plan.
Long-Term Investors:
Long-term investors may wait for further decline in the stock. Around ₹1400/1300, this could present a good buying opportunity.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.