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Technical Report on INFY by Shyam Advisory

December 20, 2021

Infosys (the Company or Infosys) is a leading provider of consulting, technology,
outsourcing and next-generation digital services, enabling clients to execute
strategies for their digital transformation. Infosys strategic objective is to build a
sustainable organization that remains relevant to the agenda of clients, while
creating growth opportunities for employees and generating profitable returns for
investors. Infosys strategy is to be a navigator for our clients as they ideate, plan
and execute on their journey to a digital future.

INFY 1 - Shyam Advisory
Technical View: The stock had a symmetrical triangle breakout with pin bar sort
of bullish candle,Structure look positive , RSI divergence indicate buying signal
and MACD crossover is supporting trend, Classical Symmetrical triangle pattern
exit we expect positive move in near term.
Volume analysis:- One month averaged delivery volume increase by 13.3% and one
day delivery volume increase by 337.66% over 5 day average, which show stock is
building up positive momentum, Hence; we recommend “BUY’ signal 1780- 1800
range for the target of 1850 and 1890 With Stop loss below 1850
Moving Averages :-Infosys Ltd. is trading higher than 5 day, 20 day, 50 day,
100 day and 200 day moving averages
5 Day 1,750.38 50 Day 1,729.52 200 Day 1,558.37
20 Day 1,734.53 100 Day 1,707.40
Date:- 20/12/2021
Shareholding pattern:-

INFY 2 - Shyam Advisory
Promoters holding 13.12%, The Promoter holdings have increased by 0.17% .
However, the number of shares held by the Promoters has remained constant, No
change in Promoter pledged shares
Key Statistics
P/E Ratio
0.00
1-Yr Return
85.55
(Best) P/E Ratio
32.18
30 DA Vol (m)
0.40
(Best) PEG Ratio
2.38
EPS (Rs.)
0.00
Shares Outstanding (cr)
4,261.27
Best EPS Curr (Rs.)
52.26
Price/Book Ratio
10.19
Dividend
1.56
Price/Sales Ratio
0.00
Last Dividend
0.00