INFY

Faces Supply Pressure Near Resistance

appears bearish as the stock has repeatedly failed to sustain above the ₹1,670–1,700 resistance zone, indicating strong supply at higher levels. The price structure shows lower highs with weakening momentum, while volumes do not support a bullish continuation, hinting at distribution. As long as the stock remains below this resistance band, downside risk toward the ₹1,560–1,520 support zone persists, with any short-term rallies likely to be met with selling pressure.