Infosys

Infy is at make or break levels. For Infy 1050 proves to be a major support from last few days.The stock can be bought if it manages to sustain above 1075(today's high is 1074). Stop loss for that trade can be taken as 1050. On the other hand if stock slips below 1050 them next support comes around 1035 lower end of 21-july (day of last quarter results) below which stock can slip to 1001.



Disclosure: I am already long in this stock.

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