Technical Calls:Infosys,TCS and Bank Nifty

By | May 30, 2012

Bank Nifty

Formed a Gravestone Doji pattern after 700 points upmove,Unable to cross 9783 will lead it back 200 DMA@9588,Break below 9518 will make it to hit low of 9200

Sell below 9669 Tgt 9630,9573 and 9518

Buy above 9822 Tgt 9860,9924 and 10001

Infosys Limited

Trendline resistance at 2425,Break of same can lead the stock back to 2500 odd levels.

Buy above 2430 TGt 2451,2477 and 2495

Sell below 2404 Tgt 2383,2357 and 2336

 

TCS

TCS is having a gap from 1274-1250.BReak of 1250 will lead to gap filling

Buy above 1253 Tgt 1265 and 1274

Sell below 1234 TGt 1223,1205 and 1193

Leave a Reply