1. Infosys is in a short term down trend and in medium time frame the trend is side ways. Stock has moved with in a range of 100 point with in last week.
2. Stock can only show some steam when it crosses 2000 mark. Investors can consider consolidating the stock with in a range of 1700-1800 Rs.
3. Day traders can keep away from the counter till it gives a clear direction.
4. Infosys is suffering because of the strengthening of rupees against the dollar and its margins are getting affected considerably.
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4 Nov 2007
INFOSYS UPDATE
INFOSYS UPDATE
2007-11-04T22:10:00+05:30
GK
Infosys|
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