INFIBEAM REVERSAL | TECHNO-FUNDA ANALYSIS

Infibeam Avenues Ltd – 1W (Weekly)

Trend: After a prolonged downtrend, the stock is attempting a reversal with a double bottom formation near major support and a breakout from the falling trendline. Important Levels: Support: ₹14.67 Resistance 1: ₹21.07 Resistance 2: ₹26.24 Major Resistance: ₹35.90 Fundamentals (Key Points): 💳 One of India’s leading digital payments and fintech infrastructure companies. 📈 Strong growth in TPV (Total Payment Volume) driven by increasing merchant acquisition. 🔎 Expanding into AI and blockchain-based payment services to diversify revenue. 🏦 Low debt and improving margins, though profitability remains cyclical. 🌏 Global partnerships and government digital push provide long-term tailwinds. Final Verdict: Early signs of trend reversal — breakout confirmation above ₹21 could strengthen momentum.