1. Infosys is presently the best bet among the IT sector and one can trade the stock by keeping following levels in mind for the stock which are as listed in below paragraph. Ideally Infosys is a good buy between Rs 1,850-1,860 level.
2. If the stock is able to sustain above Rs 1,900-1,930, then Infosys has a next target as Rs 2,125- Rs 2,250.
3. However use strict stop loss strategy as market has not taken kindly to Inflation numbers which stands tall at 8.24% versus 8.1% the previous week.
6 Jun 2008
Best IT stock tip: Infosys
Best IT stock tip: Infosys
2008-06-06T14:41:00+05:30
Analyst
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