Stock of the day: BUY INFY 1500 PE For Target Rs.55 By Religare Broking
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Infosys Ltd
* Most IT packs are reeling under pressure and Infy is no exception.
* It was trading in a narrow band below the major moving averages.
* Witnessed a fresh breakdown from the same.
* We thus suggest fresh short positions through the Put option.
BUY INFY 1500 PE CMP (Rs):41 Range:32-36 SL:25 Target:55
Technical Chart : Daily
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