INFY Outlook for the Week (December 16, 2024 – December 20, 2024)
Infosys closed flat on Weekly basis.
Technically, Infosys share price will see immediate support at 1,855.10 and immediate resistance would be seen at 1,969.80.
If Infosys share price closes below immediate support of 1,855.10, then sharp breakdown can be seen. Infosys share price will see major support at 1,787.80 for the week.
On the positive side, immediate resistance will be seen at 1,969.80. Closing above 1,969.80, Infosys share price will see a sharp breakout. Major resistance for Infosys share price will be seen at 2,017.20 for the week.
Trading range for Infosys share price for this week should be between 1,740.40 on down side and 2,084.50 on up side.
Infosys Previous Week Open: 1859
Infosys Previous Week High: 1949.9
Infosys Previous Week Low: 1835.2
Infosys Previous Week Close: 1922.4
Infosys Previous Week Range: 114.7 Points
Infosys share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 2,084.50 |
| Resistance 2 | 2,017.20 |
| Resistance 1 | 1,969.80 |
| Support 1 | 1,855.10 |
| Support 2 | 1,787.80 |
| Support 3 | 1,740.40 |
