INFOSYS LTD
Short

INFOSYS LTD

160
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.

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