Sep 13, 2013, 02.51 PM | Source: CNBC-TV18
Sahil Kapoor of Edelweiss recommends buying Infosys at around Rs 3000 with a target of Rs 3200-3250 with a stoploss at Rs 2890.
Sahil Kapoor (more)
AVP- RCM Research, Edelweiss Financial Services | Capital Expertise: Equity - Technical
"I think out of the IT pack, Infosys is looking very strong, it is nearing Rs 3,000 levels and at Rs 3,000, it has got a very good support. Last time also it had a good buying support at Rs 3,000 levels. So I think near Rs 3,000 to Rs 3,030 one can buy Infosys and put a stoploss at Rs 2,890. Look for targets in excess of Rs 3,200 to Rs 3,250," he said.
"Infosys is a good buy at current levels apart from other IT stocks like HCL Technologies but from a chart perspective, Infosys is the best among IT pack."
Disclosure: We may have advised these stocks to our clients.
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