Infosys Outlook for the Week (Nov 09,2020 – Nov 13,2020)

Weekly High: 1123.00.

Technically on the day-to-day charts EquityPandits Analyst see: Minor support on the drawback lies at 1048 levels, Minor resistance on the advantage is capped around 1140 levels.

Infosys closed the Weekly on positive note gaining +4.92%Getting

Weekly Support & & Resistance For INFY:.

Stock is trading above 200 days rapid moving average, recommends long term pattern is bullish. EquityPandit anticipates Range for the Weekly as 1200 on benefit and 1000 on drawback.

SECTOR: I.T.

Infosys Share Price: 1112.75 (NSE).

NSE: INFY

SUPPORT 1.
1048.

RESISTANCE 2.
1187.

For the Week: (Nov 09,2020– Nov 13,2020).

Weekly Range: 71.90 Points.

Weekly Low: 1051.10.

On the day-to-day chart of Infosys, stock followed high and facing battle on resistance level, the gap on day-to-day chart provide assistance and on the indicator side RSI and Momentum also reveals some weak point in stock. Stock hold a support line however weak point is ahead.

ASSISTANCE 2.
1019.

If stock breaches small assistance on the disadvantage and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1019 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1187.

RESISTANCE 1.
1165.