SBIN 30Minutes Time frame📍 SBIN – 30M Important Levels (Current)
🔹 Support Zones
820 – 825 → Immediate intraday support
805 – 810 → Strong support zone; buyers likely to defend
790 – 795 → Major support; breakdown here may trigger deeper downside
🔹 Resistance Zones
840 – 845 → Immediate intraday resistance
855 – 860 → Strong resistance; breakout may extend upside momentum
875 – 880 → Major resistance; if crossed, can fuel a bigger rally
⚖️ 30M Trend Outlook
SBIN is currently in a range-bound to bullish phase on the 30M chart.
Holding above 825 keeps the short-term bias positive.
Breakout above 845 may target 860 – 880.
Breakdown below 825 may pull it back toward 810 – 795.
X-indicator
HDFCBANK 30Minutes Time frameHDFC Bank – 30M Important Levels (Current)
These levels are calculated using today’s intraday pivot data and provide reliable reference points for short-term trading.
Pivot Point (Mid-Level): ~₹967
First Resistance (R1): ~₹972
Second Resistance (R2): ~₹979
First Support (S1): ~₹960
Second Support (S2): ~₹955
These intraday pivots help highlight key zones where intra-day price action often stalls, reverses, or accelerates.
Intraday Trend Outlook (30M Chart)
Above ₹972: Bullish momentum may continue, with potential upside toward ~₹979.
Between ₹960 – ₹972: Neutral-to-bullish range; watch for sustain or reversal.
Below ₹960: Bearish pressure may build, potentially testing down to ~₹955.
RELIANCE 30Mitunes Time frame📊 Reliance Industries (30M Chart)
Current Zone: Trading around ₹1,380–₹1,382.
🔻 Support Levels:
₹1,375 → Immediate intraday support
₹1,369–₹1,370 → Strong support zone
₹1,362–₹1,363 → Major support
🔺 Resistance Levels:
₹1,382–₹1,383 → Immediate hurdle
₹1,387–₹1,388 → Strong resistance zone
₹1,394–₹1,395 → Major resistance
📈 Trend Outlook (30M):
Above ₹1,383 → Momentum stays bullish, price may push toward ₹1,388–₹1,395.
Between ₹1,369–₹1,382 → Neutral to slightly bullish consolidation zone.
Below ₹1,369 → Weakness may drag price toward ₹1,363 or lower.
BANKNIFTY 30 Minutes Time frame Bank Nifty (30-Minute Timeframe Snapshot, 10 Sept 2025 ~12:30 PM IST)
Current Level: Around 54,615 – 54,620
Change: Up roughly +400 points (+0.7% approx.) compared to yesterday’s close
Key Pivot Levels (30-min basis)
Pivot: 54,215
Resistance Levels:
R1: 54,351
R2: 54,487
R3: 54,623
Support Levels:
S1: 54,080
S2: 53,944
S3: 53,809
✅ In short: Bank Nifty is trading strongly above its pivot (54,215) and is hovering close to R3 (54,623) on the 30-minute chart, showing bullish momentum.
NIFTY 1D Time frame📍 NIFTY – 1D Important Levels
🔹 Support Zones
22,200 – 22,300 → Immediate daily support
21,900 – 22,000 → Strong support zone; buyers likely to step in here
21,500 – 21,600 → Major support; breakdown may shift trend to bearish
🔹 Resistance Zones
22,700 – 22,800 → Immediate daily resistance
23,000 – 23,100 → Strong resistance; breakout may fuel next leg higher
23,400 – 23,500 → Major resistance; if crossed, long-term bullish momentum strengthens
⚖️ Daily Trend Outlook
Nifty is currently in a bullish trend on the daily chart, making higher lows and sustaining above key moving averages.
Momentum remains strong as long as price holds above 22,200.
A breakout above 22,800 will likely push the index toward 23,000 – 23,500.
A breakdown below 22,200 could invite selling pressure toward 22,000 – 21,600.
HDFCBANK 1D Time frame📍 HDFCBANK – 1D Important Levels (Current)
🔹 Support Zones
1,570 – 1,580 → Immediate daily support
1,530 – 1,550 → Strong support; buyers likely to defend this zone
1,480 – 1,500 → Major support; breakdown may shift trend bearish
🔹 Resistance Zones
1,620 – 1,630 → Immediate daily resistance
1,660 – 1,680 → Strong resistance zone
1,720 – 1,740 → Major resistance; breakout here may trigger a bigger rally
⚖️ Daily Trend Outlook
HDFC Bank is currently in a sideways-to-bullish phase on the daily chart.
As long as price holds above 1,570, momentum can stay positive.
A breakout above 1,630 – 1,680 may extend upside towards 1,720 – 1,740.
A breakdown below 1,570 could drag it back to 1,530 – 1,500.
BAJAJ_AUTO 1D Time frame📍 BAJAJ_AUTO – 1D Important Levels (Current)
🔹 Support Zones
9,050 – 9,100 → Immediate daily support
8,800 – 8,900 → Strong support; buyers likely to defend this zone
8,500 – 8,600 → Major support; breakdown here may shift trend bearish
🔹 Resistance Zones
9,300 – 9,400 → Immediate daily resistance
9,550 – 9,650 → Strong resistance zone; breakout may extend upside momentum
9,800 – 10,000 → Major psychological resistance; if crossed, bullish trend strengthens further
⚖️ Daily Trend Outlook
Bajaj Auto is in a bullish structure on the daily chart, forming higher lows.
As long as price stays above 9,050, the stock remains positive.
A breakout above 9,400 – 9,650 can take it towards 9,800 – 10,000.
A breakdown below 9,050 could drag it towards 8,900 – 8,600.
XAUUSD Ready for the Next Big Move?XAUUSD Ready for the Next Big Move?
📊 Gold (XAUUSD) Market Report
Gold continues to trade within a strong bullish cycle, supported by both macro fundamentals and technical structure.
From a fundamental perspective, the precious metal remains underpinned by softer U.S. dollar dynamics, moderating bond yields, and persistent safe-haven demand amid global economic and geopolitical uncertainties. Inflationary pressures and the cautious stance of central banks further enhance gold’s role as a defensive asset, keeping institutional interest alive.
On the technical side, the market has shown a clear sequence of bullish impulses following multiple market structure shifts (MSS) and breaks of structure (BOS). Each expansion phase has been driven by strong order flow, with shallow retracements reflecting consistent buyer control. The current leg higher has pushed into an area of potential liquidity grab, suggesting that while the broader trend remains constructive, near-term exhaustion and corrective movement cannot be ruled out.
Taken together, the outlook for gold remains broadly bullish in the medium term, with fundamentals providing a supportive backdrop and technicals confirming momentum. However, traders should be mindful of short-term volatility as the market balances out after recent sharp gains.
Elliott Wave Analysis XAUUSD – September 10, 2025🌀
🔹 Momentum
• D1 timeframe: Momentum is showing signs of a bearish reversal → the market may enter a corrective decline, possibly lasting through the end of this week.
• H4 timeframe: Momentum is turning upward → a short-term recovery could appear today, pushing the indicator into the overbought zone.
• H1 timeframe: Momentum is already in the overbought area and turning down → a short-term decline is likely.
________________________________________
🔹 Wave Structure
• D1: Price has reached the projected target of wave iii (black). With D1 momentum reversing downward, wave iv (black) may be forming. Since wave ii (black) was relatively long, there is a possibility that wave iv (black) could unfold more quickly.
• H4: Yesterday’s decline may suggest that wave v (purple) has temporarily completed. If this scenario plays out, price could move into a corrective phase toward the wave iv target area. The correction may develop as a Zigzag, Flat, or Triangle.
• H1: Price is consolidating within the liquidity zone 3657 – 3631. With H4 momentum hinting at correction, one possible scenario is sideways movement here to complete wave B, followed by a decline into wave C.
o If price breaks and closes below 3631 → the liquidity zone at 3595 may act as the next support.
o Potential targets for wave C:
3595 (aligned with 23.8% Fibonacci retracement).
Or 3556 – 3528 (aligned with 38.2% Fibonacci retracement).
________________________________________
🔹 Trade Scenarios (for reference only)
• Sell Zone: 3657 – 3659
o SL: 3667
o TP1: 3631
o TP2: 3563
• Buy Zone 1: 3596 – 3594
o SL: 3585
o TP1: 3669
o TP2: 3749
• Buy Zone 2: 3557 – 3555
o SL: 3547
o TP1: 3597
o TP2: 3705
📌 Note: The Sell setup at 3657 should be considered with small position size as it goes against the main trend. If price reaches 3595, this Sell scenario could lose validity.
BANKNIFTY 1Hour Time frame📍 Bank Nifty – 1H Important Levels (Current)
🔹 Support Zones
47,800 – 47,900 → Immediate intraday support
47,400 – 47,500 → Strong support; buyers expected to defend here
47,000 – 47,100 → Major support; breakdown here can invite heavy selling
🔹 Resistance Zones
48,400 – 48,500 → Immediate 1H resistance
48,800 – 48,900 → Strong resistance zone
49,200 – 49,300 → Major resistance; breakout here may fuel a rally
⚖️ Quick Summary
Bias: Range-bound with a bullish tilt as long as Bank Nifty trades above 47,800.
Breakout above 48,500 can push towards 48,900 – 49,300.
Breakdown below 47,800 can drag the index to 47,400 – 47,000.
Current watch zone: 47,800 – 48,500.
UJJIVANSFB#UJJIVANSFB
bullish trend is Showing on the MONTHLY chart.
buy signals in
technical indicators 20 EMA Support @42 and
MONTHLY cup with handle chart pattern.
Watch for a cup with handle chart pattern breakout above 63/65 to sustain the bullish trend. If the resistance holds, there could be a retest towards 35/37 and an uptrend from here.
YESBANK trying to move higher???as of now there is Institutional Support for yesbank!!
SMBC, SBI, Advent, Carlyle providing stability
Strong Financial Recovery
Q4 FY25 net profit surged 63%, to ₹738 crore, beating expectations. This was driven by a 32.5% drop in provisioning and a steady GNPA of 1.6%. Net interest income rose 5.7%, while fee and other income grew 11%.
Full-year net profit nearly doubled (+92.3%), bringing FY25’s net profit to ₹2,406 crore. Total income, NII, and cost-to-income ratio all improved.
Q1 FY26 results show further momentum:
Net profit jumped 59% YoY to ₹801 crore.
NIM rose to 2.5%.
Non‑interest income ratio soared from 39% to 58.7%.
Assets and deposits expanded.
Strategic Capital & Institutional Backing
SMBC (Sumitomo Mitsui Banking Corporation) has invested as much as 20%, with regulatory approval for up to 24.99%, offering global expertise, stronger governance, and future capital injections.
Major institutional shareholders like SBI, Advent, and Carlyle reinforce investor confidence.
Gold Cooling Off After ATH Consolidation or Correction?Gold cooled off a bit after hitting a fresh ATH around 3675, right near the monthly R3 level. This pullback, however, looks more like a healthy breather than any real weakness, since the key 3600 support is still holding strong. Right now, price is taking support around 3620–25, and bulls are doing a good job defending this zone. As long as this area stays intact(H4 close), the higher-high structure remains valid, meaning gold can easily revisit 3650 or even push back toward the highs.
For now, we can say this as a normal pullback within the trend rather than a reversal. To call it a reversal, we need to see a lower high form on the higher timeframes. Until that happens, some sideways consolidation here makes sense, with 3600 being the big level to keep an eye on for any breakdown.
Nifty strategy for 10/09/25In yesterday session a gravestone doji was formed which is indicating subdued momentum in the market. In today nifty may opened on positive note around at 24950 levels as per SGX NIFTY. The U. S Markets are closed at record highs hopes on aggressive Fed Rate cuts expected by investors in this year which is fulfilled positive momentum in the global market. Coming to our markets FII'S are snappped their 11 days selling streak and turned buyers in the equity segment which is positive to our indices. Today I am expecting some profit booking around at 25050 levels which is sstrong resistance in the short term for nifty.
Support levels :24810,24770
Resistance levels : 24998,25040
Stock of the day : DOMS Which is recommended by me on friday around at 640 levels. The stock is trading around at 594 levels which is retesting to where breakout occured so investors can add some more quantity around these level and keep stop loss at 540.
Disclimer : I AM NOT A SEBI RESEARCH ANALYST OR FINANCIAL ADVISOR, these recommendations are only for education purpose, not for trading and investment purpose please take an advise from your financial advisor before investing on my recommendations.
🙏 : If you liked my content please suggest to your friends follow my trading channel. Your likes and comments provide boosting to me to update more financial information.
Thanking you for suppoting me
Nifty Trading Strategy for 10th September 2025📊 NIFTY Intraday Trading Plan (Educational Purpose Only)
🟢 Buy Setup (Long Trade)
✅ Condition to Enter:
Wait for a 15-minute candle to close above ₹24,895.
After the close, take entry above the high of that 15-min candle.
🎯 Targets:
Target 1 → ₹24,930
Target 2 → ₹24,970
Target 3 → ₹25,000
🛑 Stop Loss (SL): Place SL just below ₹24,860 (or the nearest swing low).
🔴 Sell Setup (Short Trade)
✅ Condition to Enter:
Wait for a 15-minute candle to close below ₹24,790.
After the close, take entry below the low of that 15-min candle.
🎯 Targets:
Target 1 → ₹24,760
Target 2 → ₹24,730
Target 3 → ₹24,700
🛑 Stop Loss (SL): Place SL just above ₹24,820 (or the nearest swing high).
⚠️ Important Notes
📌 Always wait for the candle to close before taking entry.
📌 Do not jump into trades early — let confirmation come first.
📌 Use strict stop-loss to manage risk.
📌 Book profits gradually at targets (don’t wait for the last target always).
📌 Position sizing is important: never risk more than 1–2% of your capital in a single trade.
📢 Disclaimer
This setup is only for educational purposes.
I am not a SEBI registered analyst.
This is not financial advice. Please do your own research or consult your financial advisor before trading. Trading in stock markets involves high risk, including potential loss of capital.
DTA PATTERNS - ANALYSIS **Data Patterns (India) Ltd** shows robust fundamentals and a bullish technical setup, albeit trading far above its fair value. Analysts expect continued growth, driven by strong defense and aerospace demand, but caution on premium valuation. Here’s a detailed summary with ROCE, ROE, CAGR, fair value, resistance/support, and target, plus competitive analysis.
***
## Fundamental Analysis
- **ROCE:** ~22.5% (TTM), indicating exceptional capital efficiency.
- **ROE:** ~19.2% (TTM), similar to top defense sector peers.
- **CAGR (3Y):** Estimated 54–58% stock price CAGR; revenue CAGR ~36%
- **Fair Value:** Median model puts fair value at ₹280 (EV/EBITDA), but more bullish models suggest up to ₹1,975 (Price/Sales).
- **Valuation Multiples:** P/E 66.82x (TTM), P/B 9.42, highlighting a premium to sector and market.
***
## Technical Analysis
- **Current Price:** ₹2,560.80 (as of Sep 2025).
- **Support Zones:** Near ₹2,350–2,400, also at ₹2,020 (major base).
- **Resistance Levels:** Fibonacci pivots at ₹2,735, ₹2,840, ₹3,010, ₹3,285 (major upside targets).
- **Momentum:** 20-day and 200-day moving average crossover signals recent bullish momentum, with ~13.5% average gains in prior cycles.
- **Target (Next 6 Months):** Analyst consensus targets ₹3,136–₹3,700, with the most conservative at ₹2,500.
***
## Competitive & Brokerage View
- **Peers:** Bharat Electronics (ROCE ~20%, lower valuation), Hindustan Aeronautics, Bharat Dynamics.
- Data Patterns ranks highest in margin, order pipeline, and growth of indigenous defense electronics.
- Brokerages have a “Strong Buy” bias with only valuation caution; strategic government contracts and indigenization drive growth.
***
## Summary Table
| Metric | Value/Level | Remarks/Peers Comparison |
|----------------|-----------------------------|-------------------------------------------------------|
| **ROCE** | ~22.5% | Highest among defense electronics peers |
| **ROE** | ~19.2% | Near sector best |
| **CAGR (3Y)** | 54–58% (stock), 36% (sales) | Rapid revenue and price growth |
| **Fair Value** | ₹280 (EV/EBITDA median) | Price/EBITDA models sharply below market price |
| **Current Price** | ₹2,560.80 | As of Sep 2025 |
| **Support** | ₹2,350–2,400, ₹2,020 | Key volume bases |
| **Resistance** | ₹2,735, ₹2,840, ₹3,010 | Fibonacci and prior highs |
| **6M Target** | ₹3,136–₹3,700 | Analyst consensus |
| **Peers** | BEL, HAL, BDL | Slight edge in margins/order visibility |
***
Data Patterns (India) Ltd is trading at a **significant valuation premium** compared to its defense sector peers, with higher price-to-earnings and price-to-book multiples, suggesting elevated growth expectations from investors versus most competitors.
## Valuation Comparison Table
| Company | P/E Ratio | P/B Ratio | Market Cap (₹ Cr) | Valuation Premium to Fair Value |
|-------------------------------|-------------|-------------|-------------------|-------------------------------|
| Data Patterns (India) Ltd | **66.82x** | 9.42x | 14,334.3 | 807% above fair value |
| Hindustan Aeronautics Ltd | 36.03x | Not shown | 297,839.0 | Moderate |
| Bharat Electronics Ltd | 49.76x | Not shown | 272,033.0 | Moderate |
| Bharat Dynamics Ltd | 93.06x | Not shown | 52,187.5 | High (outlier) |
| Zen Technologies Ltd | 47.45x | Not shown | 12,974.3 | Moderate |
| Astra Microwave Products Ltd | 62.07x | Not shown | 9,531.5 | Moderate |
| Paras Defence & Space Tech | 84.24x | Not shown | 5,195.1 | High |
| Rossell India Ltd | 17.75x | Not shown | 246.2 | Low |
- **Industry Median P/E:** 62.07x
- **Industry P/E Range:** 17.75x (lowest) to 93.06x (highest).
## Highlights
- Data Patterns’ **P/E of 66.82x** is above the industry average (60.15x) and close to the median, but its fair value premium (+807%) is among the highest in the sector—suggesting investors are factoring in strong order flows, rapid earnings growth, and superior margins.
- Price-to-book ratio of **9.42x** further confirms valuation stretching compared to most established defense peers.
- Only Bharat Dynamics and Paras Defence show similar or greater valuation multiples, usually reflecting cyclical earnings or momentum phases rather than long-term sustainability.
- Other large peers—such as Hindustan Aeronautics and Bharat Electronics—have lower P/E ratios despite bigger size and similar growth rates, indicating more reasonable market expectations.
## Takeaway
- **Data Patterns’ current valuation is at a substantial premium** to both its intrinsic value and most sector peers, justified only if its high growth sustains and market conditions remain favorable.
## Investment Outlook
- **Strengths:** High ROCE/ROE, strong sector tailwinds, margin leadership, and robust order book.
- **Risks:** Valuation premium (trading 807% above median fair value), short-term volatility possible if sector sentiment reverses.
- **Conclusion:** Data Patterns is favored for long-term growth but caution is advised for fresh entry at current levels; consider adding only on market dips and sector pullbacks.
[
eClerx Services Limited Long term Bet **eClerx Services Limited** is fundamentally strong but currently appears to be overvalued, with technical indicators showing mixed signals for short-term momentum. The target for the next six months ranges between ₹4,050 and ₹4,500, reflecting moderate upside potential, though valuations and profit booking may cause volatility.
## Fundamental Analysis
- **Revenue & Profit**: Trailing twelve months (TTM) revenue is ₹3,518 crore, with net profit at ₹571 crore. The company boasts healthy gross margins (~36%) and a solid net profit margin (~16%).
- **Valuation**: P/E ratio is 36.16 (TTM), making it expensive compared to sector peers; P/B stands at 9.21 and P/S at 5.87. The stock trades at a 51% premium to estimated intrinsic value (~₹2,860); fair value models cluster between ₹2,098 and ₹2,872.
- **Dividend & Shareholding**: Dividend payout is modest (₹1.00 per share, upcoming October 2025). Promoters hold the majority stake (53.8%), with high FII and DII interest.
- **Sector & Business Model**: eClerx serves top global sectors like finance, telecom, retail, offering advanced analytics and business process management. Expansion in US/Europe and digital solutions provide growth levers.
## Technical Analysis
- **Trend and Momentum**: Recent charts indicate a trading range bound near ₹4,300–4,400, with recent resistance near ₹4,588. Risk/reward ratios for short-term trades are favorable, but overall technical indicators lean towards 'Strong Sell'—a cautionary sign suggesting limited momentum in the near term.
- **Market Moves**: The stock fell 2.5% on September 5, but recovered in the following days, with volume profile indicating decent buyer interest below ₹4,300.
- **Support and Resistance**: Key support seen near ₹4,220–4,250; resistance is likely at ₹4,588. A break above ₹4,450 could open higher targets, while losses below ₹4,220 may trigger downside towards ₹4,050.
## Six-Month Target
| Source | Target (INR) | Time Frame |
|--------------|-------------------|--------------|
| TradingView | 4,053–4,500 | 6 months |
| Analyst Consensus | ~4,200–4,450 | 6 months |
| Technical Pivot | ~4,360 (current), with breakout potential to 4,588 | 6 months |
Analysts expect eClerx to trade between ₹4,050 and ₹4,500 over the next six months, with potential upside if business momentum and sector conditions remain favorable.
## Investment Outlook
- **Positives**: Strong fundamental growth, diversified business model, and consistent margins support long-term investment.
- **Risks**: High valuation premium, sector rotation, and overbought technicals may lead to periodic corrections.
- **Verdict**: eClerx Services is fundamentally robust but requires cautious approach for fresh entries given its premium pricing; ideal for accumulation on dips with a target up to ₹4,500 if sector tailwinds persist.
Here is a detailed table of **ROCE, ROE, CAGR, fair value, resistance, support, and 6-month target** for eClerx Services Limited, compiled from current data and recent technical levels:
| Metric | Value/Level | Source/Remarks |
|-----------------|---------------------------|-------------------------------------------------------|
| **ROCE** | 33.1% | Strong efficiency; sector-leading |
| **ROE** | 23.4%-24.3% | Latest 2025 values; robust |
| **CAGR (5Y)** | ~57% | 5-year annual return |
| **Fair Value** | ₹2,860 | Median intrinsic valuation |
| **1-Year High** | ₹4,640 | Technical resistance zone |
| **1-Year Low** | ₹2,168 | Technical support zone |
| **Current Price** | ₹4,338 | As of Sept 2025 |
| **Resistance** | ₹4,450–₹4,640 | Next upside hurdles |
| **Support** | ₹4,220–₹4,250 | Immediate downside guards |
| **Target (6M)** | ₹4,050–₹4,500 | Analyst/technical forecast |
All numbers are based on consolidated, trailing twelve months (TTM), annual returns, and latest analyst consensus as of September 2025.
- **ROCE** and **ROE** reflect strong operational and equity efficiency, supporting higher valuations.
- **CAGR** (~57%) shows powerful historical wealth creation, though fair value (₹2,860) warns of premium pricing.
- Support/resistance/target levels reflect current chart analysis and expert views for next six months.
INFY showing Head and Shoulder Pattern - Analysis Infosys (INFY) has formed a prominent **head and shoulders pattern** on its daily chart around September 2025, signaling a possible bearish trend reversal. Recent news and brokerage views show cautious optimism, but global factors—especially upcoming US regulations and tax proposals—are causing market volatility and uncertainty in the IT sector.
## Head and Shoulders Pattern Analysis
- The chart for Infosys displays a classic **head and shoulders formation**, with visible left shoulder, head, and right shoulder, generally seen as a bearish reversal signal after a preceding uptrend.
- Key support levels observed: around ₹1345–1376 where the stock has repeatedly bounced, and resistance at ₹1645–1650, which INFY has failed to breach recently.
- Breakdown below the neckline (current support range) could trigger a move towards ₹1150; however, some analysts argue the pattern’s symmetry and volume confirmation are lacking for a textbook reversal, so a decisive breakout is awaited.
- RSI hovers at neutral levels (~50), suggesting indecision and the need for confirmation before traders take strong positions.
## Brokerage Views and Target Prices
- **Nomura:** Maintains a ‘Buy’ rating, with a target of ₹1,880, slightly reduced from ₹1,900. This indicates ~19% potential upside from recent prices.
- **Jefferies:** Also retains a ‘Buy’ call, targeting ₹1,700 (~22% upside), noting strong cash flows despite a ~26% correction YTD.
- Many top brokerages still consensus ‘Buy’ for Infosys, with 26 out of 39 analysts in strong agreement. However, there are isolated bearish calls (e.g., CapitalVia’s ₹1,000 target).
- Trading range in the near term is forecast between ₹1,334–1,574.
## Impact of US News on INFY Shares
- **Buyback Announcement:** Infosys’ decision to consider a share buyback on September 11, 2025, sparked a bounce in IT stocks, including a 4% surge in INFY, temporarily boosting sector sentiment.
- **US Tax Threats:** The HIRE Act proposes a steep 25% excise tax on payments by US companies to foreign service providers, making Indian IT exports less competitive and worrying investors about FII outflows and renewed tariffs.
- FIIs sold nearly ₹32,000 crore of Indian IT shares in July-August, leading to a correction in INFY and peers.
- Market players are watching for US diplomatic resolutions—any positive news could stabilize IT stocks, but implementation of tough US policies would likely trigger further downside.
- **US Rate Cuts:** Hopes of US interest rate reductions have lent some support, as weaker dollar could help Indian exporters, but persistent trade tensions remain a headwind.
## Conclusion
- The **head and shoulders pattern** in Infosys charts indicates caution; a breakdown below neckline supports could lead to sharp declines.
- Brokerages see upside potential, with targets around ₹1,700–1,880, but are wary of international regulatory risks—especially from the US
- Buyback news is currently bolstering price and sentiment, counteracting negative US headlines, but the outlook remains highly sensitive to global policy shifts.
Careful attention to technical confirmation, brokerage guidance, and evolving US market news is recommended before making investment decisions in Infosys.