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Sunday, Sep 03, 2006


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Infosys

The Infosys stock reversed from a low of Rs 1,750 last Monday and went on to hit a high of Rs 1,819 on Thursday.

Some signs of slowing down are evident on the weekly chart. But, our view will continue to be positive as long as the price stays above Rs 1,700.

That can stop with which traders can buy for short term trading purpose, with strict stops.

Immediate upward targets continue to be Rs 1,875 and then Rs 1,955.

Lokeshwarri S.K.

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