Infosys Ltd. - WEEKLY VIEW

Infosys Ltd.

There is no proper direction in the price momentum which continues consolidating within a rising channel.

Technically, the price has breached 5MA:680 and has closed near the weekly high.

701 needs to be considered an immediate resistance. Above that 720 - 733(50MA) need to be considered as the next possible hurdles.

680 - 653 -646 may act as support for the price.

KEEP AN EYE!