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INFY forms Stochastic Sell Signal on July 30
On Thursday, July 30th, INFY moved down 5.16% while volume was to 0.7× the usual levels. Multiple bearish signals emerged — Stochastic Sell Signal and Upper Bollinger Band Walk — suggesting potential weakness ahead. Key support levels exist at 11.8, 11.66 & 11.42, with resistance at 12.18, 12.42 & 12.56. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of INFY: D
This might just be the start. See what else showed up for INFY today.
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