Infosys has strong support at Rs 2200: Sukhani

Infosys has strong support at Rs 2,200, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "There was suggestion earlier that one should short IT index. We have been selling Wipro and HCL Tech today and the IT index is heading much lower."
He further added, "For Infosys the strong support is at Rs 2,200, which is roughly where it has found support today. But since the markets are unpredictable if Rs 2,200 breaks then there is nothing in Infosys till Rs 1,600. I cannot make a call whether Infosys will slide further and go down but the trade here would be to short it further if it cracks Rs 2,200."