Stock Radar: Infosys gains 30% in 6 months to hit record high! Will the rally continue in January 2025?

Experts suggest short- to medium-term traders can target Rs 2,165 for the stock within 3-4 weeks. The largecap IT stock has surged over 33% from Rs 1,485 on June 12, 2024, to Rs 1,987 on December 12, 2024. After rebounding from Rs 1,700 in November, it has been making higher highs for five weeks, hitting a record Rs 1,998 on December 13, while breaking out of a 2-year Cup-and-Handle pattern on weekly charts.