Know Your Investment: Answers to all your stock queries

Moneycontrol.com initiative, Know Your Investment, helps investors zero in on that perfect stock bet. 

This week, technical analyst Hitendra Vasudeo plays mentor to investors, explaining his views on various stocks and sector.

Below are the questions you asked us on our Facebook page:

Anshul Yadav (age: 19, CA student): Can I purchase shares of Infosys with a long-term horizon? I want to purchase 300 shares, what should my strategy be?

Vasudeo: For the long-term the stock will provide good returns. But as it is an index-based stock and we have a good view on Nifty/Sensex in long term, the stock should be able to provide good returns in long-term.

In short to medium term, we may continue to see volatility and swing of uptrend and down trend on daily chart. As your perspective is for long term, it would switch to monthly chart and employ average of 50 months average and 10 day average.

As per the 50 months average on the monthly chart, the long-term trend is up at this point. On the 10 months average scenario, the trend is down. The 50 months would account for about five year