The stock continued to move in a bearish trend today as well. It today marked a new 52-week low and has next support at 475, breach of this level may take the stock further down till the levels of 455-450 in coming trading session else it may also bounce back taking support at lower levels.

R - 505

S - 475

The stock showed a continuous down move during the trading hour and closed on negative note. The major trend presently in the stock is sideways. The stock is now facing resistance at 193 and has support at 182. Break of support may take the stock further down. One may go for selling the stock once it breaks its support level.

R - 193

S - 182

The stock was consolidating during the earlier trading hour and then moved up during the later trading hour and closed on positive note. The trend presently in the stock is sideways. The stock is now facing resistance at 2612 and has support at 2459 which is 50 day moving average of the stock. Break of resistance may take the stock further up. One may go for buying the stock once it breaks its resistance level.

R - 2612

S - 2459

INFOSYS showed negative movements in today’s trading session and made intraday low of 2731 the stock now has resistance level at 2777 and may take support from the level of 2730. In short term it is expected to remain volatile, also crossing of resistance level may take the stock at higher levels.

R - 2773

S - 2730