INFY - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.2

Here’s a detailed technical analysis of Infosys Ltd (INFY)

📊 Trend Overview

Phase: Reversing with bullish momentum

Price Action: Trading above the 50-DMA (₹1,512) but below the 200-DMA (₹1,604), indicating a short-term recovery within a broader corrective structure.

Volume: Above average (99.9L vs 87.5L), suggesting renewed interest and accumulation at current levels.

📈 Momentum Indicators

RSI (58.1): Neutral-to-bullish zone — momentum is improving but not yet overbought.

MACD (7.35): Positive and diverging — confirms bullish momentum and potential continuation.

Bollinger Bands: Price likely near the upper band, indicating strength with room for short-term expansion.

🧭 Chart Patterns

Rounded Base Formation: Price recovery from ₹1,307 suggests a potential reversal setup.

Resistance Retest: Price is approaching the 200-DMA zone, which could act as a breakout trigger.

🔍 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 1,512 50-DMA, short-term base

Support 2 1,480 Previous swing low

Support 3 1,420 Long-term support zone

Resistance 1 1,604 200-DMA, trend reversal trigger

Resistance 2 1,675 Minor resistance zone

Major Resistance 2,007 52-week high

🎯 Entry & Exit Zones

Optimal Entry: ₹1,512–₹1,541 (on dips with volume confirmation)

Short-Term Target: ₹1,604–₹1,675

Exit Zone / Stop-Loss: ₹1,480 (below swing support)

🔄 Short-Term Outlook

Momentum: Positive and building

Bias: Bullish above ₹1,512; cautious below ₹1,480

Phase: Reversing — with breakout potential

🧠 Key Takeaways

INFY is showing signs of technical recovery, supported by bullish indicators and volume surge.

RSI and MACD confirm momentum, while price action suggests a potential breakout above the 200-DMA.

A decisive close above ₹1,604 with volume could unlock upside toward ₹1,675–₹2,007.

Let me know if you’d like a chart visualization or screener of similar breakout setups in the IT sector.

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