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INFYMARKET OUTLOOKSTOCK OUTLOOK

Infosys Outlook for the Week (July 31, 2023 – August 04, 2023)

Infosys Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Infosys closed the previous week on a negative note losing 2.90%

Technically, Infosys share price will see immediate support at 1,321.88 and immediate resistance would be seen at 1,361.48

If Infosys share price closes below immediate support of 1,321.88, then sharp breakdown can be seen. Infosys share price will see major support at 1,303.27 for the week.

On the positive side, immediate resistance will be seen at 1,361.48. Closing above 1,361.48, Infosys share price will see a sharp breakout. Major resistance for Infosys share price will be seen at 1,382.47 for the week.

Trading range for Infosys share price for this week should be between 1,282.28 on down side and 1,401.08 on up side.

Infosys Previous Week High: 1363.85

Infosys Previous Week Low: 1324.25

Infosys Previous Week Range: 39.6 Points

Infosys share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 1,401.08
Resistance 2 1,382.47
Resistance 1 1,361.48
Support 1 1,321.88
Support 2 1,303.27
Support 3 1,282.28

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