If you care to look at technical charts before taking investment/trading decisions in the stock market, this is the place you should be visiting regularly. CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page. Stay logged in!
We saw a big gap up in Infosys stock on the day following its June quarter results. Prices have managed to hold that ground ever since and absorb all the selling over the last 6 sessions. Now, we see a determined new upward thrust that promises to carry prices higher in the near term. The uptrend in the stock has been supported by a trailing price indicator which is now at around Rs 880. One can go long with this level as the stop for a positional play that should soon see Infy cross the four-digit mark.
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