Archive for July 9th, 2008

09
Jul
08

infosys : technicals

The country’s second largest software exporter INFOSYS on Tuesday said it has invested 1.9 million Australian dollars in cash and services for a research programmed to help Australia’s services sector create more intellectual property.

Smart Services Cooperative Research Centre (CRC) is a 120 million dollars’ research collaboration between 12 industry participants, six leading universities and the federal and Queensland governments aimed to develop R&D programs.

 

INFOSYS :-

 

Intraday support & resistance:

SUP 2

SUP 1

Pivot

RES 1

RES 2

1676.45

1706.50

1741.75

1771.80

1807.05

Trading strategy: buy on intraday declines target R1-R2. rs.1771 (5 days moving average is main SHORT TERM hurdle). TARGETS are 1829 -1913 – 2047. Good Results on  JULY 11TH  may trigger a trend to Indian stock market.

 

 

DISCLAIMER :- We can’t dictate the market. Its an observation only. May , may not hold good. Much depend on govt. policies ,economic & political scenario. Its more of an informatics’ article only. Presenter /writer is not liable or responsible for any personal or financial losses or profits. 

09
Jul
08

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