FUNDAMENTAL ANALYSIS OF INFOSYS:

Indias second-largest software services exporter by Revenues and which is another Bellwether IT stock, has been weak in keeping its financials than other IT companies and also Analysts estimates., In spite of the initiative of leading a government effort to give every Indian citizen an ID number, a crucial initiative in a country where most people have no drivers license, passport or even birth certificate. Apart from this the other factor that drove Infosys share price by 10% decrease in share price over the last year was due to Visa fraud charges leveled in the United States. It has continued to maintain the name of company with politics and bad reputation in the eyes of employees with regards to the salary hikes and work pressure. The company has been good to give employee appraisal rather than rewards, on the other side of the coin it has the ability to make any employee proficient to work in another company. Looking at its Financials: There is a perception among the accountants and the investors that in the presentation of the financial statement by Infosys is the best with its Zero Debt, increased revenues and reserves. Infosys has an average income growth rate of 19% and it has allocated 4% of its income to its contingent liability which is higher than past year and has been increasing YOY. Among all the other giants in the IT sector Infosys has the highest FII holding of 37.36% (as on 1 May 2012), If the company gives high growth rate in the next quarter it can become a good stock after HCL Technologies. Looking at its ratios Infosys is a low beta stock. Infosys has 10% average EPS growth rate and 6% P/E over the years. If the company continues to maintain the same momentum in generating more revenues and along with the continuity in its reserves and income, it is projected that the share price could be at Rs.3772 in a year with its current average growth rate.

TECHNICAL ANALYSIS OF INFOSYS: This stock recorded a sharp reversal on Friday forming a bearish engulfing candle in the daily chart. This move has also made the stock close below both the 200 and 50-day moving averages and also below the key medium-term support at Rs 1,700. Both the daily and the weekly momentum oscillators are in the sell mode now implying the reversal in both the short and the medium-term trend. However, the medium term view will turn overtly negative only on a close below Rs 1,528. Subsequent target is Rs 1,300. The stock could move lower towards Rs 1564 in the near-term. A reversal from here would mean that a move towards Rs 2,000 is again possible. Resistances would be at Rs 1,876 and then Rs 1,937. Indicators For Infosys Technologies Ltd. Name Value MACD (26d ,12d) 29.54 Signal Line 25.53 Macd Above Signal Line true Macd/Signal Line trend days 1 Macd Above Zero Line true Macd/Zero Line trend days 15 Bollinger Band Upper 2494.94 Bollinger Band Middle 2381.30 Bollinger Band Low 2267.66

Oscillators & Volume Indicators Name Value Stochastic D Fast 60.11 Stochastic K Fast 95.83 Stochastic D Slow 56.22 Relative Strength Index 65.27 (RSI) (14 day) Williams %R -4.17 Rate of Change 5.79 Price Volume Trend -3100560.00 Money Flow Index 56.47

Moving Average Trends Trend Type Price Above MA? No of Days 15 Day true 2 50 Day true 15 100 Days true 2 15 Day Abv 50 Days MA true 9 50 Day Abv 100 Days MAfalse 91

Moving Average of Infosys Technologies Ltd. Current Share Price 2487.25 Three Days 2416.23 Five Days 2394.92 Ten Days 2395.03 Fifteen Days 2404.40 Twenty Two Days 2371.04 Thirty Days 2324.05 Fifty Days 2329.45 Hundred Days 2370.70 Two Hundred Days 2567.28 Exponential Moving Average Trends Trend Type Price Above EMA?No of Days 15 Day true 2 50 Day true 2 100 Days true 2 15 Day Abv 50 Days EMA true 11 50 Day Abv 100 Days EMAfalse 99

Exponential Moving Average of Infosys Technologies Ltd. Current Price 2487.25 Five Days 2417.48 Ten Days 2399.70 Fifteen Days 2386.28 Twenty Days 2374.58 Fifty Days 2360.72 Hundred Days 2412.09 Two Hundred Days 2509.24

Fibonacci Retracement - Current Price - 2487.25

Volume Trend of Infosys Technologies Ltd. Period Volume Significant UpSignificant Down Latest 759462.0 false false 3 Day Avg 738012.0 true false 5 Day Avg 609178.0 true false 10 Day Avg 756592.0 false true 14 Day Avg 886875.0 false true 1 Month Avg827744.0 3 Month Avg1012065.0

Period 5 Days 10 Days 14 Days

Stock Price & Volume Trend of Infosys Technologies Ltd. Price & Volume Price Up Vol Price & Vol Price down Up Down Down Volume Up false false false false false false false false false false