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THREETREND RESEARCH

19th Jun · SEBI-Registered Analyst

$INFY Technical Analysis (Daily Chart): The chart is showing a strong downtrend, with the price consistently making lower highs and lower lows, indicating continued selling pressure. The stock has recently fallen to a new swing low near 10.50, suggesting that bears remain in control. Any pullback towards the 11.50–12.50 zone may act as a resistance area unless the price closes convincingly above it. The current price zone around 10.00–10.50 is an important support area; a breakdown below this level could trigger further downside. Traders should watch for a base formation, bullish reversal candle, or higher-low structure before considering a trend reversal, as the primary trend remains negative. This analysis is based solely on price action visible in the chart and should not be considered investment advice.

#FundamentalViews#TechnicalViews
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