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5 Oct 2008

Perfect Stock strategy for Infosys for week ending 10 Oct

1. Infosys will be in trouble if the levl of Rs 1299 is broken and thus stock will therafter target the level of Rs 1215. Infosys appears to be negatively poised for the medium term as indicated by weekly oscillators.

2. All those married to this stock must exit this stock if the level of Rs 1099 is broken. Infosys enjoys a strong support at Rs 1300-1210. Resistance for the stock exists at level of Rs 1,500 - Rs 1,610. As a strategy buy this stock only if it moves above 1501 levl on closing basis.

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