What Should Investors Do With Infosys Post Q4 Results – Buy, Sell, Or Hold?

The stocks slipped sharply on Thursday after it said that CC revenue growth guidance of 6.5-8.5 percent for FY18E which missed Street expectations of 7-9 percent.

The management has given a conservative revenue guidance of 6.5-8.5 percent in constant currency terms for FY18 and has also lowered its EBIT margin guidance to 23-25 percent citing visa concerns, higher investments in offshore and cross currency impact.

Infosys stock which closed 3.8 percent lower on Thursday broke below its 13-days exponential moving average, 10-DEMA, and 5-DEMA. The supertrend indicator is also showing a downtrend for the stock while the MACD has already given a sell back in the month of March.

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