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Infosys

Lokeshwarri S.K.

There seems to be no stopping this stock.

Our short-term target of Rs 2,262 was achieved with ease as the price hit an intra-week high of Rs 2,270.

The short-term trend is sideways while the medium-term trend is firmly pointing upwards.

This stock is expected to push upwards towards Rs 2,278 and then Rs 2,355 in the short-term.

The support at Rs 2,130 stays. Hold your long positions with a stop at Rs 2,150. Fresh longs can be initiated for the short-term with the same stop.

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