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Infosys can touch Rs 2250-2300

Published on Wed, Nov 08, 2006 at 17:00 , Updated at Wed, Nov 08, 2006 at 17:04
Source : Moneycontrol.com

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Technical Analyst, Ashwani Gujral is of the view that Infosys Technologies can touch Rs 2250-2300.

Gujral told CNBC-TV18, "In the frontliners, I would go with Infosys Technologies, and ICICI Bank. For Infosys the downside seems to be about Rs 2,050-2,060 and the upside could be Rs 2,250-2,300.

He further added, "On the midcaps Cummins India made a last minute move and that is probably headed to about Rs 320. So, selectively one has to back things, which come out of this correction the earliest."

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