Infosys may test Rs 1300, says Ashwani Gujral

Ashwani Gujral of ashwanigujral.com told CNBC-TV18, "Infosys has the strongest chart when we were going down. Now that it is moving higher easily we should expect levels of Rs 1,300 and one small target that people should keep in mind in terms of Nifty is that 200-day moving average (DMA) is at 7950 and markets must test 200-DMA on the upside and alternatively on the downside.""We are in an upcycle and given the momentum that shouldn't be a place that should be unlikely. So, you will keep getting surprised; 7950 is one place people should keep in mind," he said.