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Infosys Technical Opinion suggests that Infosys or infy stock is currently trading at a sweet spot. It can go up or down depending on the technical analysis it decides to follow. On price action strategy front, it has formed double top or M pattern and it might fall sharply. It is also forming a triangle pattern which is a bullish continuation pattern. It gives a breakout. As per Fibonacci retracement, it is trading near a 23.6% retracement level. If it breaks the previous high then it can deliver spectacular returns. For long term investment, it is trading below 20 period EMA on the daily chart and buy signal will be generated when it closes above 20 EMA. The price volume analysis suggests that there is a delivery based selling in recent past and it is not a good sign. The option chain analysis is bullish. Also, it follows the nifty movement. Therefore, you can keep track of NIFTY. Even if Infosys technical set up is bullish but nifty is bearish then Infosys will also follow the nifty movement. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

IDFC First Bank Technical Opinion or technical analysis suggests that stock will face stiff resistance at the current level. The long term support and resistance & trendlines suggest that it is very difficult for this stock to move up in the absence of any good news or momentum. The stock is forming a double top or M pattern. It shows a bearish trend and can test the levels of 35. The Fibonacci Retracement suggest that stock is trading at a very important level and if it breaks this level then it can easily give a return of 20%. The stock is also forming a bearish divergence. The stock price is forming higher high and the indicator i.e. RSI or relative strength index is suggesting lower high. It is a bearish sign. The stock is trading above 20 period exponential moving average and it can act as stop loss if you have taken positional trade. The stock is under consolidation phase and shows very sharp movement post-consolidation. The option chain analysis is bearish and there is a strong resistance and very weak support at lower levels. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia

Kotak Mahindra Bank Technical Opinion suggests that stock is in a short bearish phase and if the key support levels are broken then it can enter into a downtrend. The technical analysis of Kotak Mahindra Bank shows that this stock trade within a channel from last 4 years. As and when it went out of this channel, it quickly moves back within the channel. A good investment strategy is to buy this stock when it bounces back from the bottom line of the channel. On Fibonacci Retracement, the stock takes support at the 50% level and 23.6% level act as resistance for up move. The volume analysis suggests that there is delivery based selling in the stock and currently the stock is under consolidation. The backtesting of the technical analysis suggest that Kotak Mahindra Bank can fall sharply post-consolidation. Kotak Mahindra Bank has a high correlation with the NIFTY movement and for such stocks, it is better to hedge the risk & invest in Index mutual fund, ETF or index futures. The option chain analysis suggests strong resistance and weak support. It is bearish for short term i.e. current expiry. To become a member/join, please click on following link https://www.youtube.com/channel/UCqvVj1LkOpA8tjb7RadTvOg/join If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia