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3 Aug 2008

Best Indian software stock: Infosys update

1. Infosys is consolidating for past 3 weeks and has been moving in a broad range of Rs 1,500 and Rs 1,650 which are its key support and resistances respectively.

2. If one is a long term investor with a time span of approx 24 months can buy this stock whenever it dips below 1500 level to have a value buy.


3. Resistance for Infosys:1665,1701

4. Support Infosys: 1499,1479,1419

5. As a short term trader enter in stock whenever it moves above Rs 1701 level.

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