INFY

Infosys with caution given the prevailing bearish technical momentum. The convergence of bearish MACD, KST, and moving averages suggests that the stock may face further downside pressure in the near term. The mixed RSI and volume signals imply potential short-term rallies but lack confirmation for a sustained uptrend. Given the stock’s underperformance relative to the Sensex over multiple timeframes and the recent downgrade in Mojo Grade, investors may prefer to wait for clearer signs of trend reversal before increasing exposure. Monitoring key support levels near the 52-week low of ₹1,215.15 and resistance near the 52-week high of ₹1,727.85 will be critical in assessing future price direction. In summary, while Infosys shows pockets of resilience, the overall technical landscape points to a cautious stance, with bearish momentum dominating the charts and signalling potential challenges ahead for the software and consulting giant.