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INFOSYS

Infosys Outlook for the Week (Aug 15, 2022 – Aug 19, 2022)

Check INFY Full Analysis At Unicorn Signals

INFY Weekly Outlook and Analysis:

For the Week: (Aug 15, 2022 – Aug 19, 2022)

Infosys Outlook for the Week (Aug 15, 2022 – Aug 19, 2022)

Check INFY Full Analysis At Unicorn Signals

BSE: 500209| NSE: INFY| ISIN: INE009A01021| SECTOR: I.T.

Infosys closed the Weekly on Negative Note loosing 1.39%

Infosys Share Price: 1594.10

Weekly High: 1631.35

Weekly Low: 1588.10

Weekly Range: 22.55 Points

Weekly Support & Resistance For INFY:

RESISTANCE 21647
RESISTANCE 11620
SUPPORT 11577
SUPPORT 21561
Infosys Outlook for the Week (Aug 15, 2022 – Aug 19, 2022)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1577 levels, Minor resistance on the upside is capped around 1620 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1561 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1647

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts Range for the Weekly as 1647 on upside and 1561 on downside.

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