Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
Stepping back for a broader look at Infosys Limited at 1609.35 as of March 19, 2025, this stocks been on a rough ride. Its down 19.79% from its 52-week high of 2006.45 but up 18.48% from its June low of 1358.35a correction in a bigger uptrend. The last five days show a 70.65-point drop from the March 11 high, with a sharp dip to 1545.15 on March 17no big gaps, just a consistent bleed lower. The RSIs soft, nearing oversold, while the Stochastic %K and Williams Percent Range suggest its close to a floormaybe a bounce soon The MACDs negative lean and the Awesome Oscillators deep dive scream bearish, with the CCI backing this weakness. Price is below the SMA 20 and EMA 10, and its testing the SMA 10 at 1653.48lose that, and the EMA 50 at 1783.7 feels far off as resistance. Supports stacking up near 1582.35, the recent low, with 1563.8 as the next line if it cracksa spot for buyers to watch. Resistance at 1612.9, todays high, is the first hurdleclear it, and 1650 or 1700 could be on the radar. The ADXs high reading confirms a strong downtrend, while the ATRs steady drop says volatilitys low. Delivery percentages, hitting 75.37% on March 11, show some big hands arent bailing. Traders might buy 1580 on a bounce or short below toward 1550, but oversold vibes say a flip could be near.