Check INFY Full Analysis At Unicorn Signals

INFY Weekly Outlook and Analysis:

For the Week: (Sept 05, 2022 – Sept 09, 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 4.51%

Infosys Share Price: 1453

Weekly High: 1496.10

Weekly Low: 1448

Weekly Range: 68.55 Points

Weekly Support & Resistance For INFY:

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1435 levels, Minor resistance on the upside is capped around 1483 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 @ 1417 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 @ 1513

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts Range for the Weekly as 1513 on upside and 1417 on downside.