INFY Wave A bottomed at ₹1,185
Wave B stretched to ₹2,006
Now in Wave C decline
Levels:
• Holding above ₹1,185 → Running Flat
• Breaking below ₹1,185 → Expanded Flat
Infosys Limited Shs Cert Deposito Arg Repr 1 Sh forum
INFY Wave A bottomed at ₹1,185
Wave B stretched to ₹2,006
Now in Wave C decline
Levels:
• Holding above ₹1,185 → Running Flat
• Breaking below ₹1,185 → Expanded Flat
INFY Good Upside Brewing!
CMP 1608
Add more above 1608
tradingview.com/x/pdcgCCXS
INFY Delivery Buy INFY Above 1641 Stop Loss 1535 Targets 1749-1860
INFY 1632 next targetINFY Infosys ready to test 1700CMP 1560
INFY Sell 1600 CE
INFY
As of the close on Monday, May 19, 2025, Infosys Ltd (NSE: INFY) traded at ₹1,559.80, reflecting a decrease of ₹30.10 or 1.89% from the previous session.
In the 15-minute timeframe, the stock exhibited a downward trend throughout the day, with prices ranging between ₹1,555.70 and ₹1,585.00.
Technical Indicators (15-Minute Timeframe):
Moving Averages: The 20-period Exponential Moving Average (EMA) is trending downward, indicating short-term bearish momentum.
Relative Strength Index (RSI): The RSI is hovering around 45, suggesting that the stock is approaching oversold territory but hasn't reached it yet.
Support Levels: Immediate support is observed around ₹1,550, with a stronger support level near ₹1,540.
Resistance Levels: The stock faces resistance at ₹1,570, followed by a more significant resistance near ₹1,585.
Outlook:
If Infosys maintains its position above the ₹1,550 support level, a short-term rebound towards ₹1,570 is possible. However, a break below ₹1,550 could lead to further declines, potentially testing the ₹1,540 support.
As of the close on Monday, May 19, 2025, Infosys Ltd (NSE: INFY) traded at ₹1,559.80, reflecting a decrease of ₹30.10 or 1.89% from the previous session.
In the 15-minute timeframe, the stock exhibited a downward trend throughout the day, with prices ranging between ₹1,555.70 and ₹1,585.00.
Technical Indicators (15-Minute Timeframe):
Moving Averages: The 20-period Exponential Moving Average (EMA) is trending downward, indicating short-term bearish momentum.
Relative Strength Index (RSI): The RSI is hovering around 45, suggesting that the stock is approaching oversold territory but hasn't reached it yet.
Support Levels: Immediate support is observed around ₹1,550, with a stronger support level near ₹1,540.
Resistance Levels: The stock faces resistance at ₹1,570, followed by a more significant resistance near ₹1,585.
Outlook:
If Infosys maintains its position above the ₹1,550 support level, a short-term rebound towards ₹1,570 is possible. However, a break below ₹1,550 could lead to further declines, potentially testing the ₹1,540 support.
INFY Delivery Buy INFY Above 1516 Stop Loss 1415 Targets 1615-1715
INFY Infy ready to test 1500
CMP 1619