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30 Nov 2008

Infosys weekly update to gain

1. Infosys is likely to show reversal in short term. Infosys can target Rs 1,340 or Rs 1,450 in the near term.

2. Keep watch for stock at the levels of Rs 1,100- Rs 1,040. Outlook for stock is neutral as same is benefitted by depreciation of rupee immensely.

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