Infosys has support at Rs 1300: Sukhani

Published on Wed, Apr 15, 2009 at 10:47 |  Source : CNBC-TV18

Updated at Wed, Apr 15, 2009 at 12:05  

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Sudarshan Sukhani, Technical Analyst, .

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Technical Analyst, Sudarshan Sukhani is of the view that Infosys Technologies has support at Rs 1300.

Sukhani told CNBC-TV18, "Infosys has big support at Rs 1,300 and its standing almost at support now that means that if this market stops here then that support will hold. It has been underperforming the Nifty for the last eight-ten months that means Rs 1,300 won't hold and then we are back to Rs 1,150 - those lows."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

  

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