STOCK FUTURE TIP FOR WEEK 13-17 FEB

“BUY INFY ABOVE 968 TGT 1000/1020 SL 945”

READ MORE TO KNOW TECHNICAL BASIS :

After showing correction from the higher level, now stock is trading in short term recovery phase, it is likely to continue the upside move in near term with the crossing of the resistance level of 972 as the stock is managing to sustain above the level of 950. One may get the targets of 1000,1020 in the stock with the stop loss of 945.

                       Primary trend of the stock is bullish and it may consolidating NEAR  the 740 higher level.  as the stock is sustaining above its 50&22 days moving averages with 55 RSI. One may initiate the long position above the mentioned level .200 EMA act as resistance level at 1030.