Infosys has broken up through the rising trend, and this indicates an even faster growth rate. Volume is currently high and normally this indicates that the stock should fall back towards the trending roof @ approx $14.20 before going further.
From a trading perspective, the risk/reward is very attractive with good support under today's level and no resistance above today's level.
The stock hold buy signals from most technical indicators and our algorithm scores it 8.66 points and ranks it #5 among 29.000 tickers.
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