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INFY - Technical Analysis with Chart Patterns & Indicators

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Rating: 4

Last Updated Time : 28 May 26, 08:48 pm

Technical Rating: 4.0

Stock Code INFY Market Cap 4,70,212 Cr. Current Price 1,159 ₹ High / Low 1,728 ₹
Stock P/E 15.7 Book Value 199 ₹ Dividend Yield 4.14 % ROCE 45.6 %
ROE 35.7 % Face Value 5.00 ₹ DMA 50 1,234 ₹ DMA 200 1,414 ₹
Chg in FII Hold -1.82 % Chg in DII Hold 2.11 % PAT Qtr 7,975 Cr. PAT Prev Qtr 8,202 Cr.
RSI 43.4 MACD -19.0 Volume 70,97,166 Avg Vol 1Wk 82,84,779
Low price 1,089 ₹ High price 1,728 ₹ PEG Ratio 1.78 Debt to equity 0.05
52w Index 11.0 % Qtr Profit Var 20.3 % EPS 72.0 ₹ Industry PE 21.0

📊 Chart & Trend Analysis:

INFY is trading below both its 50 DMA (₹1,234) and 200 DMA (₹1,414), showing medium-term weakness. RSI at 43.4 indicates neutral-to-weak momentum. MACD at -19.0 confirms bearish pressure. Bollinger Bands suggest price is near the lower band, with support around ₹1,089.

📈 Momentum Signals:

- Short-term momentum remains weak with volume (7.09M) below weekly average (8.28M).

- Support zone: ₹1,089 – ₹1,120.

- Resistance zone: ₹1,234 – ₹1,280.

- A breakout above ₹1,280 could signal reversal; failure to hold ₹1,089 may extend downside.

🔎 Trend Status:

Currently consolidating with bearish undertones. Reversal possible if buying volume increases near support.

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Positive

✔ Strong ROE (35.7%) and ROCE (45.6%) reflect efficient capital use.

✔ Dividend yield of 4.14% offers steady income.

✔ Debt-to-equity ratio of 0.05 highlights financial stability.

Limitation

⚠ Price below both 50 DMA and 200 DMA signals weakness.

⚠ Negative MACD and reduced FII holdings (-1.82%) show foreign investor caution.

⚠ EPS growth moderate compared to sector peers.

Company Negative News

📉 Quarterly PAT decline (₹8,202 Cr → ₹7,975 Cr).

📉 Global IT demand slowdown impacting revenue visibility.

Company Positive News

📢 Domestic institutional investors increased stake (+2.11%).

📢 Expansion in AI, cloud, and automation services.

Industry

🌐 IT services sector PE at 21.0 vs INFY’s 15.7, suggesting undervaluation.

🌐 Sector growth supported by digital transformation and AI adoption.

Conclusion

INFY is consolidating with bearish bias. Entry near ₹1,100–₹1,120 is favorable for swing trades, with exit targets around ₹1,280–₹1,300 if reversal occurs. Long-term investors may accumulate given strong fundamentals and attractive dividend yield, while short-term traders should wait for momentum confirmation.

Would you like me to expand this into a detailed intraday strategy with tighter stop-loss levels, or a sector benchmarking report comparing INFY against peers like TCS and Wipro?

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