INFY - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.2
| Stock Code | INFY | Market Cap | 5,14,167 Cr. | Current Price | 1,267 ₹ | High / Low | 1,728 ₹ |
| Stock P/E | 17.9 | Book Value | 179 ₹ | Dividend Yield | 3.39 % | ROCE | 40.6 % |
| ROE | 30.3 % | Face Value | 5.00 ₹ | DMA 50 | 1,412 ₹ | DMA 200 | 1,525 ₹ |
| Chg in FII Hold | 0.19 % | Chg in DII Hold | -0.38 % | PAT Qtr | 8,202 Cr. | PAT Prev Qtr | 7,718 Cr. |
| RSI | 33.1 | MACD | -58.2 | Volume | 1,28,14,349 | Avg Vol 1Wk | 1,06,25,008 |
| Low price | 1,215 ₹ | High price | 1,728 ₹ | PEG Ratio | 2.81 | Debt to equity | 0.05 |
| 52w Index | 10.2 % | Qtr Profit Var | 29.0 % | EPS | 67.5 ₹ | Industry PE | 20.9 |
📉 Chart & Trend: INFY is trading below both its 50 DMA (₹1,412) and 200 DMA (₹1,525), indicating a bearish undertone. The current price (₹1,267) is closer to its recent low (₹1,215), suggesting weak momentum.
📊 RSI: At 33.1, RSI is near oversold territory, hinting at possible short-term relief bounce but still weak overall strength.
📉 MACD: Negative at -58.2, confirming bearish momentum and lack of strong reversal signals yet.
📈 Bollinger Bands: Price is near the lower band, suggesting oversold conditions but also risk of further downside if support breaks.
📊 Volume: Current volume (1.28 Cr) is higher than average weekly volume (1.06 Cr), showing selling pressure dominance.
📍 Support & Resistance:
- Strong support: ₹1,215
- Immediate resistance: ₹1,350
- Major resistance: ₹1,412 (50 DMA)
Optimal entry zone: ₹1,220–₹1,250 (near support, oversold RSI).
Exit zone: ₹1,350–₹1,410 (resistance cluster).
🔎 Trend Status: The stock is consolidating near support with bearish bias. A reversal requires sustained close above ₹1,412.
Positive
- High ROCE (40.6%) and ROE (30.3%) indicate strong capital efficiency.
- Low debt-to-equity (0.05) ensures financial stability.
- Dividend yield of 3.39% provides steady income.
- Quarterly PAT growth (₹8,202 Cr vs ₹7,718 Cr) shows earnings momentum.
Limitation
- Trading below both 50 DMA and 200 DMA signals weakness.
- RSI and MACD confirm bearish momentum.
- PEG ratio of 2.81 suggests valuation is not cheap relative to growth.
Company Negative News
- Recent FII holding increase (+0.19%) offset by DII reduction (-0.38%), showing mixed institutional sentiment.
- Stock has corrected significantly from its 52-week high (₹1,728).
Company Positive News
- Quarterly profit variation of 29% indicates strong operational performance.
- EPS at ₹67.5 supports long-term earnings visibility.
Industry
- Industry PE at 20.9 vs INFY’s PE of 17.9 shows relative undervaluation.
- IT sector remains resilient with global demand for digital transformation.
Conclusion
⚖️ INFY is currently consolidating near support with bearish momentum. Short-term traders may consider entry near ₹1,220–₹1,250 with exits around ₹1,350–₹1,410. Long-term investors can accumulate gradually given strong fundamentals, but technical weakness suggests patience until a clear reversal above ₹1,412.
Would you like me to also prepare a basket overlay with peer benchmarking (TCS, Wipro, HCL Tech) so you can compare INFY’s setup against sector leaders for confirmation signals?