📍 Current Price & Range
Current Price: ₹1,503.00
Day’s High / Low: ₹1,540.20 / ₹1,499.50
52-week High / Low: ₹2,006.45 / ₹1,307.00
🔍 Key Levels
Immediate Resistance: ₹1,540–₹1,550
Next Resistance: ₹1,600
Immediate Support: ₹1,450–₹1,460
Strong Support: ₹1,400
📊 Indicators & Momentum
Short-term Trend: Neutral to slightly bearish; recent price action shows hesitation near resistance levels.
Volume: Higher-than-average trading volume observed, indicating increased investor interest.
Relative Strength Index (RSI): Approaching overbought territory; caution advised for potential pullbacks.
Moving Averages: Price trading below key moving averages; may act as resistance if price approaches them.
🔮 Possible Scenarios
Bullish Breakout: If INFY sustains above ₹1,550 with strong volume, it could target ₹1,600 and higher levels.
Sideways Consolidation: Price may trade between ₹1,450 and ₹1,550, awaiting a catalyst for direction.
Bearish Reversal: A drop below ₹1,450 could lead to a retest of the 52-week low around ₹1,307.
⚠️ Outlook
At the current level of ₹1,503.00, Infosys is at a critical juncture. A decisive move above ₹1,550 could open up upside potential, while a failure to hold above ₹1,450 may lead to further downside. Monitoring volume and RSI for confirmation is recommended.
Current Price: ₹1,503.00
Day’s High / Low: ₹1,540.20 / ₹1,499.50
52-week High / Low: ₹2,006.45 / ₹1,307.00
🔍 Key Levels
Immediate Resistance: ₹1,540–₹1,550
Next Resistance: ₹1,600
Immediate Support: ₹1,450–₹1,460
Strong Support: ₹1,400
📊 Indicators & Momentum
Short-term Trend: Neutral to slightly bearish; recent price action shows hesitation near resistance levels.
Volume: Higher-than-average trading volume observed, indicating increased investor interest.
Relative Strength Index (RSI): Approaching overbought territory; caution advised for potential pullbacks.
Moving Averages: Price trading below key moving averages; may act as resistance if price approaches them.
🔮 Possible Scenarios
Bullish Breakout: If INFY sustains above ₹1,550 with strong volume, it could target ₹1,600 and higher levels.
Sideways Consolidation: Price may trade between ₹1,450 and ₹1,550, awaiting a catalyst for direction.
Bearish Reversal: A drop below ₹1,450 could lead to a retest of the 52-week low around ₹1,307.
⚠️ Outlook
At the current level of ₹1,503.00, Infosys is at a critical juncture. A decisive move above ₹1,550 could open up upside potential, while a failure to hold above ₹1,450 may lead to further downside. Monitoring volume and RSI for confirmation is recommended.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.