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20 Sep 2009

Indian Stock which has given a Breakout | Infosys | 22- 26 Sep

Infosys is in an uptrend and thus it can witness some resistance while moving towards the levels of Rs 2350- Rs 2450 and if these levels are broken than the stock can target the level of Rs 2780 provided it can sustai above the level of Rs 2450.

As a strategy short-term investors can be long in the share till the time the level of Rs 2280 is not breached on the lower side as thereafter the stock can fall to Rs 2249-Rs 2225.

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