Infosys Limited
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Infosys Turns Extremely Oversold After Deep Correction

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Topic Statement:
Infosys has witnessed a deep correction and is currently trading in an extremely oversold zone, indicating a possible pause or reversal in the downtrend.

Key Points:
- Price is attempting to hold above the 38.2% Fibonacci retracement level at ₹1436.
- Trading below the 180-day EMA signals an oversold condition.
- Weekly Money Flow Index (MFI) is at 13.5, highlighting that the stock is extremely oversold.

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