1.For the present scenario I am bearish on the Infosys outlook.The reason for the same is due to appreciating rupee and concerns in USA regarding outsourcing of the work to India and it all depends on US presidential elections successful candidate promises to his countrymen.
2.However a good strategy for Infosys has been listed at Stock Market Tips and Money Making Ideas From Websites Which pays.Visit the site to get the money making opportunities and best researched daily update for day trading and delivery.
3.I have the permission to list the said strategy here which is listed below:
Day Trading:Sell Infosys < 1915.95,1910,1900,1885,1873 SL 1930
Breaking 1900 can lead to fall till 1873 and below.Long term short target is 1650 in case the down trend in scrip continues.However this scrip provides an opportunity to accumulate at lower levels.
4.Day Trade with this strategy as and when it occurs.If you want to be confirmed then watch Infosys overnight trend from ADR of Infosys to be in synchronous with International market trend.
1 Jul 2007
INFOSYS UPDATE
INFOSYS UPDATE
2007-07-01T17:05:00+05:30
GK
Subscribe to:
Post Comments (Atom)
MOST POPULAR POSTS AS CHOSEN BY 12 LAKH READERS & SUBSCRIBERS WORLDWIDE