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Above Rs 1156, Infosys may head higher: Rajat Bose

Rajat Bose of rajatkbose.com is of the view that above Rs 1156, Infosys may head higher.

March 11, 2016 / 15:51 IST
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Rajat Bose of rajatkbose.com told CNBC-TV18, "Infosys has come to a level where it mixed with some resistance. The level of Rs 1,144 to about Rs 1,156 is the zone where some supplies come in. Once it takes out Rs 1,156 on the upside then you can expect further upswing happening. However, as of now I would say that it is more of a consolidation because the range is very narrow in today’s session, between Rs 1,141 to about Rs 1,155 or Rs 1,156.""If Infosys was to fall below say Rs 1,135 to about Rs 1,129, in that case Rs 1,100 could well be re-tested but for now it is actually sort of consolidating," he said.

first published: Mar 11, 2016 03:49 pm

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