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Umang Bhutada

18th Feb · SEBI-Registered Analyst

1) Infosys Ltd

INFY
Why Watch: Shares soared in recent sessions on strong catalyst news after announcing a strategic AI partnership, showing renewed relative strength vs broader IT sector headwinds. Technical Levels: Key Support: ₹1,370 – recent swing area (short-term demand). Buy Zone: ₹1,380–₹1,400 (dip Buy). Immediate Resistance: ₹1,440–₹1,460 (previous intraday highs). Bullish Confirm: Break & hold above ₹1,460 with volume expansion. Trading View: Technical rebound trading opportunity as momentum tries to recover from oversold levels.

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