“The Nifty IT index faces near-term downside risk due to a bearish MACD crossover on the weekly chart and persistent profit booking in heavyweights like TCS, Infosys, and Wipro. While support is anticipated around 35,100, a failure to sustain above the 35,100-35,000 zone could lead to further declines towards 34,320 (200-week moving average) with an extended downside target of 33,500.”
Anand James’s track record: 14 graded calls · 95% CI 12–55%
InfosysBearishCalled 09 Feb 2026Graded 19 Jul 2026
Infosys price declined from ₹1497.20 to ₹1288.90, a drop of 13.91% in 21 days.
Pre-fills a same-day INTRADAY short — delivery short-selling isn't allowed, so this is the only way to paper-trade a bearish call.