Buy Infosys for target of Rs 3,230: Aptart

Buy Infosys Technologies in the range of Rs 3,080-3,060 with stop-loss of Rs 3,045 for target of Rs 3,230. Price and volume breakout seen in the stock.

MUMBAI: Sandeep Wagle, MD, APTART, is of the view that Infosys Technologies has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 3,230.

“Buy Infosys Technologies in the range of Rs 3,080-3,060 with stop-loss of Rs 3,045 for target of Rs 3,230. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 7-8 trading sessions.

The entry/exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.
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