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INFY forms NR7 on August 5
On Wednesday, August 5th, INFY moved down 0.87% while volume was to 1.0× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 12.36, 12.24 & 12.14, with resistance at 12.59, 12.69 & 12.81. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of INFY: D
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