#INFY Chart Update: Stock broken recent swing high at 1185

While updating INFY were trading at 1187

Accenture’s forecast is considered a strong hint for the Indian IT companies and also reported strong revenue growth, order bookings and raised guidance

Now I preferred INFY and TCS…… Let’s see INFY Technical outlook

INFY broken recent swing high at 1185 and manages above the level

Rally will be expected  and will take immediate resistance at 1205 and 1225

If closes above 1200…….. For short term target 1300+

Very strong support around 1150

Updated: 12.39 pm / 18th Dec 2020