WHAT SHOULD DO WITH INFOSYS??

BUY INFOSYS ABOVE 1112 TARGET 1125/1132 SL 1102

SELL INFOSYS BELOW 1104 TARGET 1091/1084 SL 1114 

FOR INTRADAY   TRADING TIPS WHATSAPP ON 9039542248

INFOSYS stock made another all-time high of Rs 1113. The short term trend of Infosys is extremely strong. The stock has rallied from Rs 900 to Rs 1100 within a very short period of time.That rally was price dominating and supported with modest volume activity. On the daily and weekly charts, the stock has formed Higher High and Higher Low series pattern which suggests uptrend momentum likely to persist in the near future.For the positional traders Rs 1040 would be the trend decider level. Trading above the same then we can expect further uptrend up to Rs 1150-1200. However, on a close below Rs 1040, traders may prefer to exit from trading long positions. Infosys is scheduled to release its September quarter results on October 14.