Infosys has target of Rs 2100-2120: Sukhani

Infosys has target of Rs 2100-2120, says Sudarshan Sukhani of s2analytics.com.

July 17, 2012 / 12:25 IST
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Infosys has target of Rs 2100-2120, says Sudarshan Sukhani of s2analytics.com.


Sukhani told CNBC-TV18, "In Infosys my level of Rs 2200 has been cracked, it has broken below it and there is a free fall here. Naturally it is going to stop at some place but immediately I can sense a target on Rs 2100 -2120 on the downside for a short-term trader. It should be sold whenever there is strength in it."
He further added, "NCC is one of those charts that had a V-shaped rally, it suddenly started going up after falling day after day. There is much more downside left in this stock before we can make up our minds whether the final low has been made, so NCC is a short sell. Even if the Nifty were to go up, I would be comfortable selling this one."
 
first published: Jul 17, 2012 10:57 am

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