Stock of the day : Infosys Ltd For Target Rs. 100 - Religare Broking
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Infosys Ltd
* IT sector is back in action after a breather and INFY is trading insync.
* It has witnessed a breakout from falling resistance trendline with noticeable surge in volumes.
* Stock has rebounded higher finding support around its short term moving average and its previous resistance zone.
* We thus recommend creating long through the Call option.
BUY JAN 1550 CE Infosys Ltd CMP 75.60; Range 74-77; SL 62; Target 100
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SEBI Registration number is INZ000174330
