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4 Oct 2009

Indian Stock Infosys Ready to Give a Breakout | 05- 09 Oct

Infosys has to defend its strong support at the level of Rs 2,234 and if this level is held than one can see Infosys rallying to Rs 2,345-Rs 2,414.

As a strategy one can short this stock if it falls below the level of Rs 2233 as thereafter same can fall to the levels of Rs 2,180.

As a long term investor one can keep holding the stock till the time the stock remains above the level of Rs 1899. On the positive note the medium-term trend of this stock of India is bullish.

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