Safe Buy for Medium term to long term- Infosys
Buy Infosys Technology around 2200-2280.
Stop loss 2080 on closing basis.
Targets - 2300/2400/2500/2600/2800/Higher
Time frame - Minimum 6 months or more.
Buy in delivery.
This stock has bottomed out and the downside risk seems minimal at this level.
It has corrected 37% from the high of 3481 on 4 Jan 11.
Infosys has a major support @ 2020 and there are little chances that this support would be tested. However, this stock can be bought more if it trades below 2100.
Oh Yeah it reached target, I am now in dilemma to hold or sell
ReplyDeleteAll targets achieved for Infosys.
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