INFY 1D Time frame

📍 Current Price & Range

Current Price: ₹1,503.00

Day’s High / Low: ₹1,540.20 / ₹1,499.50

52-week High / Low: ₹2,006.45 / ₹1,307.00

🔍 Key Levels

Immediate Resistance: ₹1,540–₹1,550

Next Resistance: ₹1,600

Immediate Support: ₹1,450–₹1,460

Strong Support: ₹1,400

📊 Indicators & Momentum

Short-term Trend: Neutral to slightly bearish; recent price action shows hesitation near resistance levels.

Volume: Higher-than-average trading volume observed, indicating increased investor interest.

Relative Strength Index (RSI): Approaching overbought territory; caution advised for potential pullbacks.

Moving Averages: Price trading below key moving averages; may act as resistance if price approaches them.

🔮 Possible Scenarios

Bullish Breakout: If INFY sustains above ₹1,550 with strong volume, it could target ₹1,600 and higher levels.

Sideways Consolidation: Price may trade between ₹1,450 and ₹1,550, awaiting a catalyst for direction.

Bearish Reversal: A drop below ₹1,450 could lead to a retest of the 52-week low around ₹1,307.

⚠️ Outlook

At the current level of ₹1,503.00, Infosys is at a critical juncture. A decisive move above ₹1,550 could open up upside potential, while a failure to hold above ₹1,450 may lead to further downside. Monitoring volume and RSI for confirmation is recommended.