Infosys is engaged in consulting, technology, outsourcing and next-generation services. Company’s segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH). The Company operates in North America, Europe, India and Rest of the World.

Stock-Detail

Company Infosys Ltd.
Recommendation Accumulate (Rs.1095-RS.1105)
CMP Rs.1106.80
Stop Loss (SL) Rs.1050
Target Price Rs.1200-Rs.1240
Time Horizon 2-4 Weeks

Stock-Graph-09-10-2020

Intermediate and short term trend is up in this stock. The stock has continuously been making a higher top and higher bottom formation on the daily chart which is bullish in nature. Increase in volume and positive diversion from oscillator indicate that it can move higher from current levels so one can accumulate the stock between (Rs 1095-1105) With a stop loss of Rs. 1050 on closing basis and respected target seems Rs 1200-1240. Time frame should be 2-4 weeks.

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Elite Wealth Advisors Limited does/does not do business with companies covered in its research reports. Investors should be aware that the Elite Wealth Advisors Limited may/may not have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as read more


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