Infosys has strong resistance at Rs 2,050-Rs 2,113 and if the stock fails to move above these levels than the stock can fall to the levels of Rs 1,935 or Rs 1,880.Thus as a strategy one can be long in the stock till the time the stock trades above the level of Rs 1951. However for the time being it appears that stock will be range bound between Rs 1,950 and Rs 2,100 for a few more weeks.
Free Share Tip : Tisco
Tisco has resistance between Rs 490-Rs 495 and if the stock breaks past the level of Rs 501 than a new bullish trend will start in the stock which means that the stock can head to the levels of Rs 557-Rs 650. Thus as a strategy one can be long in the stock till the time the stock trades above the level of 430. In case the level of 429 is broken than the stock can fall to Rs 412-Rs 390 levels. High risk traders can hold the stock till the time stock remains above the level of 369.
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