Longer Term Trading Plans for INFY
- Buy INFY near 16.68 target 18.96 stop loss @ 16.63
- Short INFY slightly under 18.96, target 16.68, stop loss @ 19.01
June 02, 2025, 18:48 pm ET, BY Bill- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
The technical summary data tells us to buy INFY near 16.68 with an upside target of 18.96. This data also tells us to set a stop loss @ 16.63 to protect against excessive loss in case the stock begins to move against the trade. 16.68 is the first level of support below 18.19 , and by rule, any test of support is a buy signal. In this case, support 16.68 would be being tested, so a buy signal would exist.
The technical…







