Pick Infosys at lower levels: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "Being a long-term investor one should stay invested in Infosys. I would talk of Rs 1,250-1,280 levels over the next 12-15 months. However, if one wants to play on this event one can look for a 5-7 percent trading downside.""I see some weakness in the short-term probably the results are not so positive or are not going to be so positive. However, you are taking a chance, if you are taking a long-term view, I think you must add on at lower levels of near a Rs 1,120-1,100 and my long-term view is at Rs 1,250-1,260 target," he added.