INFYThe IT sector has been under pressure for a long time and has had significant correction, but I believe that it will now undergo a positive retracement.
I saw that the INFY had a strong chance of providing a good payoff. I believe it will attempt to reach 1480, 1550, and 1650 if it crosses the 143
Key facts today
Infosys (INFY) shares fell 1.2% to 1,396 rupees before Q4 results, with analysts expecting 1.9% sequential revenue growth and nearly 9% year-over-year increase.
Infosys reported its earnings on Thursday, coinciding with announcements from other major companies including American Express and Charles Schwab.
Infosys has projected a revenue growth of 0-3% for the fiscal year 2026.
4.836 BRL
15.80 B BRL
92.58 B BRL
3.53 B
About INFOSYS LTD
Sector
Industry
CEO
Salil S. Parekh
Website
Headquarters
Bangalore
Founded
1996
ISIN
BRI1FOBDR005
FIGI
BBG00XXWRH49
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.
INFY Daily looking like its bear flaggingInfosys on the daily looking like its bear flagging. The Stock has fallen from 1900+ to 1600 now within past 2 months. However, the daily does not look promising as it's forming a bear flag.
Below is my plan
Wait to see if INFY can get above 1650 to initiate any longs or
Wait to see if INFY crack
Infy Analysis Past and short termInfy has been a good stock for beginners or well-versed investors. They have consistently grown their earnings and have rarely caused turmoil. With Tariff concerns of US and FII selling, I think the max drop that would happen is around 1420 by the end of March. I would be setting up GTTs around 1500
Review and plan for 13th March 2025 Nifty future and banknifty future analysis and intraday plan.
This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post.
please consult your financial advisor before taking any action.
----Vinaykumar hiremath, CMT
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Summarizing what the indicators are suggesting.
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Neutral
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Moving Averages
Neutral
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Moving Averages
Neutral
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