Infosys – 1D (NSE)

Trend: Medium-term recovery phase. Price is forming higher lows, but still trading inside a broader resistance range. Support & Resistance: Immediate Support: 1,580–1,600 Intermediate Support: 1,485–1,500 Resistance: 1,695–1,700 Major Resistance: 1,770–1,890 Expected Move: Sustained move above 1,700 can open higher levels. Until then, stock may remain range-bound with positive bias. Short Fundamentals Summary: Stable IT major with strong balance sheet. Near-term growth muted, but margin stability and deal wins provide downside protection. Final Verdict: Neutral-to-Bullish. Needs a decisive breakout above 1,700 for trend acceleration.