Infosys is currently in a consolidation phase with the price hovering around its 20-day and 50-day moving averages near ₹1,480 levels. The RSI is near 33, indicating mild oversold conditions, while MACD shows a bearish crossover, suggesting short-term weakness. Support is strong around ₹1,460, with resistance near ₹1,510–₹1,520. A breakout above resistance with volume confirmation may lead to a sustained upward move, while failure to hold support could extend the downside in the short term.
BUY : INFY28OCT251460CE( INFY ) [92959]
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