Infosys Ltd view for Intraday 22nd April #INFY Infosys Ltd view for Intraday 22nd April #INFY
Resistance 1460-1465 Watching above 1466 for upside movement...
Support area 1445-1450 Below 1430 ignoring upside momentum for intraday
Watching below 1427 for downside movement...
Above 1445 ignoring downside move for intraday
Charts for Educationa
Next report date
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Report period
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EPS estimate
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Revenue estimate
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0.76 USD
3.16 B USD
19.28 B USD
4.15 B
About INFOSYS LTD
Sector
Industry
CEO
Salil S. Parekh
Website
Headquarters
Bangalore
Founded
1996
FIGI
BBG000BSGQL7
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).
INFYThe IT sector has been under pressure for a long time and has had significant correction, but I believe that it will now undergo a positive retracement.
I saw that the INFY had a strong chance of providing a good payoff. I believe it will attempt to reach 1480, 1550, and 1650 if it crosses the 143
Infosys Ltd view for Intraday 22nd April #INFY Infosys Ltd view for Intraday 22nd April #INFY
Resistance 1460-1465 Watching above 1466 for upside movement...
Support area 1445-1450 Below 1430 ignoring upside momentum for intraday
Watching below 1427 for downside movement...
Above 1445 ignoring downside move for intraday
Charts for Educationa
Infosys Ltd view for Intraday 24th April #INFY Infosys Ltd view for Intraday 24th April #INFY
Resistance 1480 Watching above 1483 for upside movement...
Support area 1460 Below 1460 ignoring upside momentum for intraday
Watching below 1458 for downside movement...
Above 1480 ignoring downside move for intraday
Charts for Educational purpose
INFY Daily looking like its bear flaggingInfosys on the daily looking like its bear flagging. The Stock has fallen from 1900+ to 1600 now within past 2 months. However, the daily does not look promising as it's forming a bear flag.
Below is my plan
Wait to see if INFY can get above 1650 to initiate any longs or
Wait to see if INFY crack
Infy Analysis Past and short termInfy has been a good stock for beginners or well-versed investors. They have consistently grown their earnings and have rarely caused turmoil. With Tariff concerns of US and FII selling, I think the max drop that would happen is around 1420 by the end of March. I would be setting up GTTs around 1500
Review and plan for 13th March 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
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Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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