2026-04-01 11:35:05 am | Source: Religare Broking Ltd
Stock of the day : Infosys Ltd by Target Rs. 78 - Religare Broking Ltd
Infosys Ltd
* INFY exhibits a well-defined bearish market structure, characterized by a consistent sequence of lower highs and lower lows, validates persistent selling pressure.
* Price has breached key moving averages, all trending downward, r ef le ct in g multi-timeframe weakness.
* The recent breakdown, accompanied by elevated volume, suggests institutional distribution rather than retail-driven panic.
* Given the prevailing trend and weak momentum, initiating a put option position appears strategically aligned with current market conditions.
Buy Infosys Ltd CMP 56.95 Range 55-57 SL 985 Target 45
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investment advice. Investments in financial markets are subject to market risks, and past performance is
not indicative of future results. Readers are strongly advised to consult a licensed financial expert or
advisor for tailored advice before making any investment decisions. The data and information presented
in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the
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