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INFY NEWS why is Infosys Limited price falling or rising - munafasutra.com

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INFY NEWS why is Infosys Limited price falling or rising

INFY NEWS reasons for why stock price of Infosys Limited is falling or rising

INFY Infosys is falling or rising technical reasons

Technical analysis forecast for Infosys Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Infosys INFY at this time. Stock is falling and might fall more.

It appears as if Infosys INFY gave a large move recently.

Stock of Infosys (INFY) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Infosys is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Infosys stays below 1398.1, but if it comes above 1398.1, then a intra day buy could be more profitable.
If you take a sell trade below 1398.1, then use 1398.1 as stoploss and 1335.8 as target. However if you take a buy trade in Infosys, then use 1398.1 as stoploss and 1450.11 as target.

INFY Infosys is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2023-03-23

Infosys nears 52-week low; stock slips 12% in one month on growth concerns Following recent developments around bankruptcy of Silvergate, SVB and Signature Bank in the US and UBS-CS merger will likely lead to further curtailing of discretionary tech spends in the near term. - NEWS as on 2023-03-23 business-standard.com

Infosys, Sun Pharma among 10 stocks with highest bullishness in bearish market ​The sell-off in equity markets resumed on Monday following weak global cues on fears of banking contagion in the developed world. - NEWS as on 2023-03-20 indiatimes.com

Company Announcement Infosys Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2023-03-17

TCS, Infosys have highest exposure to US regional banks: JPMorgan Top Indian information technology firms Tata Consultancy Services and Infosys have the highest exposure to regional banks in the United States that are gripped by a financial turmoil - NEWS as on 2023-03-17 business-standard.com

Company Announcement Infosys Limited has informed the Exchange regarding ' Infosys Finacle Powers ABN AMRO s Global Liquidity Management System '. - NEWS as on 2023-03-16

Company Announcement Infosys Limited has informed the Exchange regarding ' Infosys Foundation Collaborates with the Directorate of Indian Army Veterans to Foster Learning for Army Widows and Children '. - NEWS as on 2023-03-15

Board Meeting to discuss Financial Results/Dividend To consider and approve the financial results for the period ended March 31, 2023 and dividend - NEWS as on 2023-03-14

Company Announcement Infosys Limited has informed the Exchange regarding 'Energy transition among the top 3 priorities for 73 percent of companies: Infosys-HFS Research study'. - NEWS as on 2023-03-14

Company Announcement Infosys Limited has informed the Exchange regarding 'Infosys Recognized as one of the 2023 World s Most Ethical Companies® for the Third Consecutive Year by Ethisphere'. - NEWS as on 2023-03-13

Company Announcement Infosys Limited has informed the Exchange regarding ' Infosys Collaborates with Mobility Specialist ZF to Revamp Supply Chain Operations '. - NEWS as on 2023-03-09

More announcements and NEWS

INFY Infosys Limited current price & indicator signals

Moving Averages for Infosys Limited

  • 5Day Average: 1395.77
  • 12Day Average: 1425.2
  • 20Day Average: 1457.78
  • 50Day Average: 1517.6
  • 100Day Average: 1536.14
  • 150Day Average: 1513.32
  • 200Day Average: 1508.98

INFY Indicators & signals

Indicator MACD (12,26,9)

1422.76, 1464.73, -34.51
Indicator MACD is in negative zone

Indicator ADX (14)

48.19, 12.88, 36.85
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of INFY Infosys Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Thu Mar 2023 1374.55 1370.00 to 1383.95 -1.06% 1.03 times
22 Wed Mar 2023 1389.25 1382.15 to 1407.25 -0.1% 1.13 times
21 Tue Mar 2023 1390.70 1390.00 to 1405.00 -0.92% 1.15 times
20 Mon Mar 2023 1403.65 1384.85 to 1419.70 -1.2% 1.11 times
17 Fri Mar 2023 1420.70 1411.40 to 1442.90 1.18% 1.23 times
16 Thu Mar 2023 1404.10 1398.70 to 1417.80 -1.1% 0.99 times
15 Wed Mar 2023 1419.65 1416.85 to 1442.85 -0.02% 1.02 times
14 Tue Mar 2023 1420.00 1411.00 to 1448.35 -1.05% 1 times
13 Mon Mar 2023 1435.10 1428.00 to 1478.30 -2.48% 1.19 times
10 Fri Mar 2023 1471.55 1457.65 to 1474.30 -0.6% 0.5 times
09 Thu Mar 2023 1480.40 1474.60 to 1498.35 -0.82% 0.69 times
08 Wed Mar 2023 1492.70 1481.10 to 1496.00 -0.98% 0.56 times

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