INFY | Buy @LTP | RSI Divergence & Dbl Bottom |Buy @ LTP | RSI Divergence & Dbl Bottom | SL below 1535 on closing basis | 1st Target 1650
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Key facts today
On September 22, Infosys shares fell by 4% after the Trump administration announced changes to H-1B visa rules, likely impacting Indian IT firms.
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0.656 EUR
2.92 B EUR
17.82 B EUR
4.15 B
About Infosys Limited
Sector
Industry
CEO
Salil S. Parekh
Website
Headquarters
Bangalore
Founded
1981
ISIN
US4567881085
FIGI
BBG000JZ2C75
Infosys Ltd. is a digital services and consulting company, which engages in the provision of end-to-end business solutions. It operates through the following segments: Financial Services, Retail, Communication; Energy, Utilities, Resources, and Services; Manufacturing, Hi-Tech, Life Sciences, and All Other. The company was founded by Dinesh Krishnan Swamy, Senapathy Gopalakrishnan, Narayana Ramarao Nagavara Murthy, Raghavan N. S., Ashok Arora, Nandan M. Nilekani, and S. D. Shibulal on July 2, 1981 and is headquartered in Bangalore, India.
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Double bottom in play potentially for InfosyNYSE:INFY has formed a double bottom formation and on the 2nd bottom, the stock has formed an internal pair of higher high and low, indicating bullish pressure may be back. Ichimoku has shown two out of three bullish crossover and candle has closed above leading span A, just pending a kumo twist to
Infosys Holding Strong at Powerful Support – Big Move AheadThis is the weekly chart of Infosys (INFY).
INFY is currently trading within an ascending parallel channel, with a strong support zone in the ₹1300–₹1400 range.
The stock has shown a bounce from this level, offering traders and investors a favorable opportunity to accumulate.
If this support sus
INFOSYS🔹 Multi Time Frame (MTF) Analysis
HTF (Yearly, Half-Yearly, Quarterly): All UP.
Avg Demand Zone: 1340 (well below entry = strong base support).
MTF (Monthly, Weekly, Daily): All UP.
Avg Demand Zone: 1394 (close to entry, supportive).
ITF (240M, 180M, 60M): All UP.
Demand Zone Avg: 1441 (almost
Swing Trading Setup - RSI and SMA 9 & 200🔍 Step-by-Step Monthly Chart Analysis
1. Start with the Monthly Chart – The Bigger Picture
9 SMA (Simple Moving Average)
→ Check if the current monthly candle is closing above the 9 SMA.
This indicates a bullish trend and acts as confirmation for strength in the longer term.
RSI (Relative Strength
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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