Infosys stock analysis 2014

Infosys stock analysis 2014

Infosys stock daily chart analysis

Infosys stock on last trading session closed at 3172 with loss. On daily chart, stock price trend and momentum both are down. Stock is trading below all short-term averages with bearish indicators patterns.

From short-term view, Infosys stock has support zones at 3085 and 2915 while on upside 3255 and 3440 are strong resistances. Below 3440, stock may remain bearish. On indicators, MACD is below zero with recovery pattern. RSI is 37, off the lows while CCI is -120, and with bottomed out signal.

Traders here use 3080-3150 zones for buy and accumulation, keep strict stop loss below 3100, and expect short covering or technical bounce back up to 3255 to 3440 in 1 to 3 months.

Infosys stock weekly chart analysis

Infosys stock this week showing loss. This will be third losing week for stock and in these 3 weeks stock tumbled from 3400 to 3150. Weekly chart price trend and momentum is bearish. From medium term view, Infosys below 3420 will remain sell and may trend to continue on downside. 2730 and 2050 are strong medium term support zones while 3420 and 4100 are strong resistances.

Weekly chart indicators, MACD is below zero and with bearish divergence. RSI is 34 and with bearish divergence. CCI is -91 and heading towards -200 with bearish divergence.

Traders and investors from medium term view, below 3402 stay away or stay short on INFY stock. We may see 2700 level if trend continues. Anything in between 2500-2700 will be best entry point for fresh medium term investment.

Infosys stock monthly chart analysis

Infosys stock in last 6 month had given -5% returns to investors and started to underperform the market. Investor has suffering from -16% relative losses in last 6 month. Fundamentally, stock is good for long-term investment but by valuation means entry at appropriate level will decrease downside risk. On monthly chart, stock below 3350 may continue face supply from market. 1900-2150 is best buy zone for fresh investment with 12-24 month price targets 4650 and 5 years view targets of 6000 rupees. Last time this level seen in 2012 while 600-1000 rupee was undervalued buy zone.

Infosys company description

Infosys Limited (Infosys) provides business consulting, technology, engineering and outsourcing services. Its end-to-end business solutions include consulting and systems integration comprising consulting, enterprise solutions, systems integration and advanced technologies; business information technology (IT) services consisting application development and maintenance, independent validation services, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; products, business platforms and solutions, including Finacle. In November 2013, the Company announced that Infosys BPO, the business process outsourcing subsidiary announced the opening of a new delivery center in Eindhoven, the Netherlands.

Infosys stock fundamental ratios

Range3,164.00 – 3,191.85
52 week2,186.00 – 3,849.95
Open3,174.05
Vol.1.50M
Mkt cap1.81T
P/E17.03
Div/yield43.00/1.98
EPS186.35
Shares571.40M
Beta    –
Inst. own    –

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Updated: 24/04/2014 — 8:38 PM

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.

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