Infosys has support at Rs 1900

Published on Wed, May 30, 2007 at 16:54 |  Source : Moneycontrol.com

Updated at Wed, May 30, 2007 at 17:58  

116688 Investors following Infosys. Share this News with them.
0
0
Share on Tumblr
Anil Manghnani, Modern Shares & Stock Brokers

Excerpts from Closing Bell on CNBC-TV18 Watch the full show ยป

ALSO READ

Other Stocks in this news

Tata Consultancy Services |

Anil Manghnani of Modern Shares & Stock Brokers is of the view that Infosys Technologies has major support at Rs 1900.

Manghnani told CNBC-TV18, "Rs 1,900 is a major support for Infosys; the reason I say this because in the last three-four months it bounced back from Rs 1,908-1910 levels. I still probably go on a hunch and try to play more in the rupee front and till the rupee doesn't break Rs 40 I will hold on to these stocks. But as a day trader, it gets a little tricky to how long one can wait so Rs 1,900 if Infosys breaks that could be some problem for it."

He further added, "I think TCS support will be Rs 1,210-1,200." 

  

Trending News

Business News

Indian PC market growth sluggish in Q1; Lenovo tops the list
Coal India Q4 net falls 5%; maintains target for FY13 "Coal India Q4 net falls 5%; maintains target for FY13"

Class 12 results to count; IITs, NITs to have one JEE

Birla Corp Says Chanderia Mining Ops Stopped Following HC Order

The latest earning numbers FIRST on CNBC-TV18
Videos

May 28 2012, 21:07

Steady market: Experts tell you what to buy or sell now?

- in Market Edge

May 28 2012, 10:38

Buy Bajaj Auto, Hero MotoCorp on dips: Mehraboon Irani

- in MARKET OUTLOOK

Interviews

May 28 2012, 20:00 | Source: CNBC-TV18

All asset classes to rally if Germany gives in: Uday Kotak  

May 28 2012, 19:45 | Source: CNBC-TV18

Will meet targets, customers to pay import cost: Coal India  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!