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Infosys Technologies
Infy near term down target =890....
Posted by :
marketmanTracked by: 0 Boarder
There is no eaning in holding this stock at present levels during this bear phase.......
In reply to:
Infy near term down target =890....
Posted by :
lion-&-tiger
Happy Diwali
Yes.. sir.. IT is temp.phen... I see infosys heading towards 987 majic fibo number.. then finally it will hit 610 magic fibo..
At this present moment, as you rightly said the market need some scrip to hold participants long.. and IT scrips like infy and sify are taking care of that...
I donot know how long this will work.. ultimately this has to come down..
Infy near term down target =890....
Posted by : lion-&-tigerTracked by: 0 Boarder
Happy Diwali
Yes.. sir.. IT is temp.phen... I see infosys heading towards 987 majic fibo number.. then finally it will hit 610 magic fibo..
At this present moment, as you rightly said the market need some scrip to hold participants long.. and IT scrips like infy and sify are taking care of that...
I donot know how long this will work.. ultimately this has to come down..
...
In reply to:
Infy near term down target =890....
Posted by : novice1000
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards
Infy near term down target =890....
Posted by : GuestTracked by: 0 Boarder
I am surprised at your git to play trading in these volatile markets.
Remember that ONLY 2% of ALL TRADERS IN THIS WORLD make money - and this 2% is mostly financial firms, rarely individuals.
Its fine if you trade for the fun of it - but if its for making money, its a bad choice....
In reply to:
Infy near term down target =890....
Posted by : lion-&-tiger
Hi, You know that I am bearish on this stock..Yesterday I shorted this 1348.. and still holding this short.
But tell me why did it move only with in a short band of (1315 - 1298) the whole day. It did come down to 1285.. but the trading range is very very short... whole day it was boring. Tell me what is happening??
Normally I don`t trade more than two stocks in a day... because I enter the market after careful homework. Since I was in this counter to-day, I could not look into others. (like to-day SBI could have been shorted at 1460 lvls) - I missed the bus.
Would you please throw some light on this... and tell me what would be lvl by friday evng (approximately) I wish to square it off before monday - Personally I will go long on infy only at 500-600 lvls.
Infy near term down target =890....
Posted by : novice1000Tracked by: 0 Boarder
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards...
In reply to:
Infy near term down target =890....
Posted by : lion-&-tiger
Hi, You know that I am bearish on this stock..Yesterday I shorted this 1348.. and still holding this short.
But tell me why did it move only with in a short band of (1315 - 1298) the whole day. It did come down to 1285.. but the trading range is very very short... whole day it was boring. Tell me what is happening??
Normally I don`t trade more than two stocks in a day... because I enter the market after careful homework. Since I was in this counter to-day, I could not look into others. (like to-day SBI could have been shorted at 1460 lvls) - I missed the bus.
Would you please throw some light on this... and tell me what would be lvl by friday evng (approximately) I wish to square it off before monday - Personally I will go long on infy only at 500-600 lvls.
Is share ka time finished
Posted by :
kuttanTracked by: 0 Boarder
Like every superstar has his period, this scrip too had its glory days for years together.
Now due to intense competition, slowdown in the world, a tired labour force, unrest in staff due to poor pay and smaller companies emerging to give value for the buck, its only going to go one way, and that is down.
Plus the company does not know to utilise right people for the right things, people are really disgruntled....
Microsoft is all time low
Posted by : vkk43Tracked by: 0 Boarder
U r right. Infosys may also fall below 1000 in near term....
In reply to:
Microsoft is all time low
Posted by : Bhatt
then how infosys can be high just sell and save your ...
Infy near term down target =890....
Posted by :
d_kTracked by: 0 Boarder
dear snvaish,
I just happened to visit your homepage.I am pleasantly surprised by the trading plan you have given. Simple, elegant and with clear enry - exit instructions.
regards
deepak
...
In reply to:
Infy near term down target =890....
Posted by : snvaish
Heavey Export based shares will not give much return due to rising dolloer values. hence Infosyis will be most benifited company, as such it is a sentimental strong share at present.
RIL to compete with Infosys to reach 999!
Posted by : marketmanTracked by: 0 Boarder
Very good to see your confidence on ril fall,reaching tripple digit mark soner.... pl keep it up your prdictions on mmb like this.......
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : kadiyali
When I posted the message first on 8th Oct, RIL was 1600+, whereas INFY was 1208. I wrote, both these shares falling to 3-digit is a foregone conclusion, but wondered who will reach 999 first. I felt RIL would be the first. Today, RIL did slip to 3-digits, whereas INFY is solid at above the price of 8th Oct.
RIL is a bigger baloon with more gas inside, whereas INFY is much smaller ball with 100% steel inside.
Microsoft is all time low
Posted by : BhattTracked by: 0 Boarder
then how infosys can be high just sell and save your ......
Don`t Panic
Posted by : GuestTracked by: 0 Boarder
The stock market falling like nine pins is just due to undue panic which will reach sanity soon.Has any IT major have any major layoff or huge salary cuts like in reality or airline sector?Then why unneccary panic & sell the top IT stocks at throw away prices. ...
NIFTY to close around 2790 to 2870 range in this expiry
Posted by : patelnisharTracked by: 0 Boarder
Considering the slaughter we had in last week and on friday a technical bounce will take nifty to 2790 to 2870 range. It will be very difficult for nifty to break these levels as there is no buying seen or unless FIIs are asked to cover shorts. However any rall should be used to sell if you are stuck at higher levels do not average and just exit with cost or minimal losses. Would recommend to go short on Nifty around 2870 levels for a target of 2120 to 2250. Should be achieved in next expiry ...
RIL to compete with Infosys to reach 999!
Posted by : kadiyaliTracked by: 0 Boarder
When I posted the message first on 8th Oct, RIL was 1600+, whereas INFY was 1208. I wrote, both these shares falling to 3-digit is a foregone conclusion, but wondered who will reach 999 first. I felt RIL would be the first. Today, RIL did slip to 3-digits, whereas INFY is solid at above the price of 8th Oct.
RIL is a bigger baloon with more gas inside, whereas INFY is much smaller ball with 100% steel inside....
In reply to:
RIL to compete with Infosys to reach 999!
Posted by : treasureddhan
Ram Ram satya hai for INFOSYS.
Jab thak Suraj Chand Rahega, Kya Infosys ka nam nahi rahega in future?
America and europe in deep trouble and at this rate we can here in Economic history, that once upon a time there was a company named Infosys ,blah blah.
Infy near term down target =890....
Posted by : lion-&-tigerTracked by: 0 Boarder
Hi snvaish,
How are you?? Really happy to write to you... Last time I replied to you but it is appearing / any how... I got your msg.. as you said - I saw infy price movement is very stubborn to-day inspite of heavy hammering.. I just wondered.. Yes, infy is having very huge cash surplus - but down the line 3-6 months I expect they growth will get contracted...I have friends in USA & the things are very bad there.. this is what the feeling & feed back i get from them especially on IT sector
To-day, I bought some ABAN - cash - just small quantity - I feel it is at throw away price - good & dividend paying company -
In general what is yr comments on the monday market??? is it the real bottom .. we will see further down?? _ I donot know
Regards
...
In reply to:
Infy near term down target =890....
Posted by : snvaish
Heavey Export based shares will not give much return due to rising dolloer values. hence Infosyis will be most benifited company, as such it is a sentimental strong share at present.
What a Stock & What a company!
Posted by : treasureddhanTracked by: 0 Boarder
Thugs and rowdy are always strong, not on brain power, but because of muscle power. INFY is like that...
In reply to:
What a Stock & What a company!
Posted by : Guest
Forget about RIL, but Infy is even stronger than Microsoft itself. May be Infy has more fundamentals than Microsoft. Come on guys buy it.
What a Stock & What a company!
Posted by : GuestTracked by: 0 Boarder
Forget about RIL, but Infy is even stronger than Microsoft itself. May be Infy has more fundamentals than Microsoft. Come on guys buy it....
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