Infosys Technical View

By | October 8, 2009

Infosys the IT Bellwether is going to declare the Result before market hours tomorrow morning.Technically speaking Stock has been hammered by bears in past 3 days on account of the expectation of a bad result.

Technically speaking the Stock just touched its trendline today around 2186 and have a hood support at its 50 DMA which is around 2164.

Levels needs to be watch out:

Support at 2178 2164 2145

Resistance at 2254 2297

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