Friday, June 14, 2013



INFY looks weak for almost from the time it announced its results. Stock failed to fill the GAP created. Stock is moving in a channel for almost 2 months. From last two days stock is trading weak. One can go short on the stock on breakdown of the channel @ 2366 for targets of 2300 and more.

1 comment:

  1. Infy broke down the channel today. We may see targets of 2300 tomorrow. Lets see where Infy finds support to go long in next month futures/options in anticipation of results in 2nd week of July.