Long

Infy - Enough Drama! Get back to work.

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As mentioned in the previous post few days ago that Infy & other IT stocks are at lucrative fundamental and technical levels. It has a strong support at around 900. Risk reward ratio is excellent. Go long with Stop loss just below 900. Took long positions at around 920-930. We are already in the money now.

Above 990 it should fly towards 1045 & 1100.

Cheers

Note

Some profit booking today. Support at 970-972. Should resume uptrend after some consolidation.

Note

Minor dip has been bought. Flying again now.

Note

First target is 1020 and then 1050.

Note

Infy is gaining momentum. Don't book profits. May book some around 1020 and then at 1050.

Note

1010 is also a minor hiccup.

Boult2100

Publications connexes

Infy - Strong support at 900-930.

par Boult2100

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