Infy - Enough Drama! Get back to work.

As mentioned in the previous post few days ago that Infy & other IT stocks are at lucrative fundamental and technical levels. It has a strong support at around 900. Risk reward ratio is excellent. Go long with Stop loss just below 900. Took long positions at around 920-930. We are already in the money now.

Above 990 it should fly towards 1045 & 1100.

Cheers

Commento:

Some profit booking today. Support at 970-972. Should resume uptrend after some consolidation.

Commento:

Minor dip has been bought. Flying again now.

Commento:

First target is 1020 and then 1050.

Commento:

Infy is gaining momentum. Don't book profits. May book some around 1020 and then at 1050.

Commento:

1010 is also a minor hiccup.