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.
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.
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