July 9, 2015

INFY breaks and closes below support

Trend is down from March - no buy signal so far


On monthly charts, next support is at 870 and then 720.



Kamalesh P Langote
Research Analyst

Disclosures as per SECURITIES AND EXCHANGE BOARD OF INDIA (RESEARCH ANALYSTS) REGULATIONS, 2014:
  • Unless specified, I have no investment in this stock.
  • I /my family have no financial interest or beneficial interest of more than 1% in the company whose stocks I am recommending
  • I /my family have not received any compensation from the company where I am recommending a trade or investment.
  • I have not served as an officer, director or employee of company and have not been engaged in market-making activity of the company covered in the research report.
  • I have no material conflict in recommendations posted here

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