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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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Infosys is bearish for shortterm, and stock might move down till 1268 or till 1236.4. Use a stoploss of 1294.35 and if the stock hits stoploss, then it can shoot up till 1320.7

INFY Infosys is falling or rising NEWS fundamental reasons

Company Announcement Infosys Limited has informed the Exchange regarding 'Infosys Grows Its Footprint in the Nordics with a New Proximity Centre in Oslo, - NEWS as on 2023-06-07

Tata Group is India's most valuable brand, Infosys and LIC follow With a value growth of 10.3% in 2023 as compared to 2022, Tata Group became the only Indian brand with a valuation of over billion - NEWS as on 2023-06-07 business-standard.com

Infosys grows footprint in the Nordics with new proximity centre in Norway New centre is expected to enable Infosys to attract, re-skill, and upskill local talent to work on global opportunities through next-gen technologies like cloud, AI, IoT, 5G, and software engineering - NEWS as on 2023-06-07 business-standard.com

Salary of Infosys CEO Salil Parekh drops 21% to Rs 56.45 crore in FY23 The annual report of Infosys, for the financial year 2022-23, reveals that the compensation of CEO Salil Parekh amounted to Rs 56.45 crore, compared to Rs 71 crore in the previous year - NEWS as on 2023-06-05 business-standard.com

Infosys, IndusInd Bank among 7 stocks that turned ex-dividend today Shares of Infosys, IndusInd Bank, Mahindra CIE Automotive, Havells India, JSW Energy, Page Industries and Steelcast will trade ex-dividend on June 4th. Infosys has proposed a final dividend of INR17.50 per equity share and IndusInd Bank has recommended a f - NEWS as on 2023-06-02 indiatimes.com

Company Announcement - NEWS as on 2023-05-31

Company Announcement Infosys Limited has informed the Exchange regarding ' Infosys and Roland-Garros Serve Up New AI-Powered Experiences for the Tennis Ecosystem '. - NEWS as on 2023-05-30

Company Announcement Infosys Limited has informed the Exchange regarding reappointment of Mr. Bobby Parikh as Independent Director of the company w.e.f. July 15, 2023. - NEWS as on 2023-05-29

Company Announcement Infosys Limited has informed the Exchange regarding ' Launched today: Infosys Topaz - An AI-first offering to accelerate business value for global enterprises using generative AI '. - NEWS as on 2023-05-23

Company Announcement Infosys Limited has informed the Exchange regarding 'Infosys and bp Deepen their Relationship to Transform bp s Digital Application Landscape'. - NEWS as on 2023-05-16

Company Announcement Asha Dinesh, Deeksha Dinesh, Divya Dinesh, Dinesh Krishnaswamy, Meghana Gopalakrishnan, S. Gopalakrishnan Sudha Gopalakrishnan, has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substan - NEWS as on 2023-05-10

Company Announcement Infosys Limited has informed the Exchange regarding ' The next growth lever in BFS is a collaborative ecosystem 44% of BFS respondents believe that in just two short years, ecosystems will be key to driving growth finds new study from Infosys and HFS Res - NEWS as on 2023-05-04

More announcements and NEWS

INFY Infosys Limited current price & indicator signals

Moving Averages for Infosys Limited

  • 5Day Average: 1298.19
  • 12Day Average: 1305.67
  • 20Day Average: 1287.33
  • 50Day Average: 1304.89
  • 100Day Average: 1412.2
  • 150Day Average: 1460.14
  • 200Day Average: 1462.37

INFY Indicators & signals

Indicator MACD (12,26,9)

1296.85, 1295.98, -0.87
Indicator MACD is in positive zone

Indicator ADX (14)

11.71, 22.24, 28.14
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
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
07 Wed Jun 2023 1288.95 1282.50 to 1294.00 0.78% 0.74 times
06 Tue Jun 2023 1279.00 1273.00 to 1288.60 -1.95% 1.36 times
05 Mon Jun 2023 1304.50 1297.30 to 1309.45 0.42% 0.68 times
02 Fri Jun 2023 1299.00 1296.05 to 1312.90 -1.55% 1.49 times
01 Thu Jun 2023 1319.50 1318.10 to 1329.50 0.09% 0.58 times
31 Wed May 2023 1318.30 1314.15 to 1331.10 -0.42% 2.43 times
30 Tue May 2023 1323.85 1309.15 to 1326.40 0.72% 0.86 times
29 Mon May 2023 1314.40 1309.85 to 1332.70 -0.23% 0.6 times
26 Fri May 2023 1317.45 1306.00 to 1323.45 1% 0.75 times
25 Thu May 2023 1304.35 1289.25 to 1307.00 0.44% 0.59 times
24 Wed May 2023 1298.65 1291.30 to 1305.00 -0.11% 0.66 times
23 Tue May 2023 1300.05 1297.05 to 1314.15 0.56% 1.01 times

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