Tuesday, November 30, 2010

Expect levels of 5550- 5600 if last week's low of 5700 is broken.. On upside Nifty has huge resistance around 5930-5950 levels

 
Stock View: Infosys Technologies

Infosys Technologies has remained rangebound since it announced its not-so-stellar results in October 2010. The stock has been consolidating between 2960-3110 levels. The stock can give a move of 100-150 points if it breaks either side of the range. Buy Infosys Technologies only if it sustains above 3110-3125 with stoploss of 2975 and targets 3230/3270 in short term..



Have a nice trading day

Regards

Ankit

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