Book profits in India Infoline: Mitesh Thacker

"India Infoline did very well yesterday on the back of numbers. Actually it practically closed just below the 200-day average."

Mitesh Thacker, Technical Analyst, miteshthacker.com, in a chat with ET Now, gives his views on India Infoline.

A word on India Infoline?

Mitesh Thacker: India Infoline did very well yesterday on the back of numbers. Actually it practically closed just below the 200-day average. So maybe a profit booking time is happening over there but the overall structure remains very positive.

Around the 61-62 odd mark, I would be a buyer over here. 70 could be retested again and possibly even crossed on the upside this time.

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