(1 Recommended stocks on - 10.03.2023
(1)
INFOSYS -
·
Buy price : 1700
·
Strong Support : 1670
·
Resistance price : 1714 -
1722
Reasons
for Buy Recommended – The
technical analysis for Infosys Limited suggests a bullish outlook, with key
indicators pointing toward potential continued upward momentum.
Moving Averages (MA): The stock is trading below its
20-day (₹20.70), 50-day (₹21.39), 100-day (₹21.56), and 200-day (₹20.68) exponential moving
averages, indicating a bullish trend.
Moving Average Convergence Divergence (MACD): The MACD
line is at -0.57, indicating bullish momentum.
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