1. Infosys is a dream stock in IT sector in India but the same is likely to be most affected by virtue of recession and that is the reson why one should book profit in
Indian Stocks as IT sector is likely to be most affected now and thus one is likely to see Infosys facing strong resistance at Rs 1450-1460.
2. Similarily Reliance industries faces stiff resistance at Rs 1800 level and one can execute the short strategy keeping these levels under consideration as continous run up without a breather is not possible.
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