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29 Nov 2009

Intraday Trading in India | Share Market Tips | Infosys | 30 Oct-04 Nov

Infosys is showing a short term down trend and thus unless the stock can close above the level of Rs 2,260, than it can fall to the levels of Rs 2,127.

In its upward journey stock encounters resistance at Rs 2,400-Rs 2,460 levels. In its upward journey; Rs 2,260 will work as a support in its upward journey.

As a strategy for long term investor one can be long in this stock till the time the stock trades above the level of Rs 1,900.

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