infosys: Stock Radar: Infosys could hit fresh lifetime high of Rs 2,000; time to buy?

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Synopsis

Infosys stock, after a recent dip, shows signs of recovery, bouncing back from its August lows. Analysts suggest a potential upward trend, with a possible target of Rs 2,000, contingent on maintaining its position above the Rs 1,800 mark.

IT major Infosys remained range-bound for the past few weeks but managed to bounce back from its August lows, which correspond to the breakout zone after a 4-month consolidation.Short-term traders with a high-risk profile can consider buying the stock for a possible target of Rs 2,000, as long as it holds above Rs 1,800.The large-cap IT stock hit a high of Rs 1,990 on 15th October 2024 but failed to maintain the momentum. The stock then

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