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Infosys Technologies
STPI extended by 5 years
Posted by :
IT_BullsTracked by: 0 Boarder
At Dow Jones, Infosys closed 15.55 percent up at 28.17 dollars.
Wipro closed 22.84 percent up at 7.53 dollars.
Satyam closed 16.83 percent up at 15.20 dollars.
Cognizant closed 13.38 percent up at 18.22 dollars.
...
Indian ADRs rise on US rally.
Posted by :
panasonicTracked by: 0 Boarder
American Depositary Receipts (ADRs) by Indian companies were up, tracking the US markets. Most of the Indian ADRs were up 10.20%. Tata Communications led the rally with a 23.4% rise over the previous closing.
Indian ADRs
Dr Reddy`s +9%
HDFC Bank +16.1%
ICICI Bk +18.9%
Infosys +15.5%
MTNL +13.8%
Satyam +16.8%
Sterlite Ind +21.5%
Tata Motors +3.9%
Tata Comm +23.4%
Wipro up +22.8%
...
Infy near term down target =890....
Posted by : marketmanTracked by: 0 Boarder
Wish you the same.... all the best.......
In reply to:
Infy near term down target =890....
Posted by : lion-&-tiger
I wish this go below 987.. and immdly i will go short... my gut feeling is it will test 610 during next round...
I anticipated ABAN to test 610... it came down yesterday... I am long since 816 lvl... and keep on addition at every 10% down.. with adequate hedging...
let us see..
Happy deepavali..
Regards 
Infy near term down target =890....
Posted by : lion-&-tigerTracked by: 0 Boarder
I wish this go below 987.. and immdly i will go short... my gut feeling is it will test 610 during next round...
I anticipated ABAN to test 610... it came down yesterday... I am long since 816 lvl... and keep on addition at every 10% down.. with adequate hedging...
let us see..
Happy deepavali..
Regards...
In reply to:
Infy near term down target =890....
Posted by : marketman
There is no eaning in holding this stock at present levels during this bear phase....
Infy near term down target =890....
Posted by : lion-&-tigerTracked by: 0 Boarder
Hi guest, tnx fr yr concern.... I am a full time trader... I play by technicals and live. As in any trade there are profits & loss... we need to make sure we earn more profits and few loss... thats it...
Regards
...
In reply to:
Infy near term down target =890....
Posted by : Guest
I am surprised at your git to play trading in these volatile markets.
Remember that ONLY 2% of ALL TRADERS IN THIS WORLD make money - and this 2% is mostly financial firms, rarely individuals.
Its fine if you trade for the fun of it - but if its for making money, its a bad choice.
S O T projection for I N F O S Y S T C H
Posted by : DUstocksTracked by: 0 Boarder
At the current Speed Of Trend (SOT analysis), I N F O S Y S T C H will become OVERSOLD (appearing bearish) on 5th November, 2008 at Rs. 1101.55.
Please note that SOT figures are to be used for general directional guidance, and not in the ABSOLUTE sense for positioning your trades. Further, SOT figures may change significantly on EOD basis for a particular counter....
Infy near term down target =890....
Posted by : GuestTracked by: 0 Boarder
Keep barking MM.....The more bark, more will help all:-)....
In reply to:
Infy near term down target =890....
Posted by : marketman
Few govt funds might have bought to support the main indicies,but in over all,out look is bleak.... not at all necessary to hold the scrip in four digit mark in present conditions of market....
Infy near term down target =890....
Posted by : marketmanTracked by: 0 Boarder
Few govt funds might have bought to support the main indicies,but in over all,out look is bleak.... not at all necessary to hold the scrip in four digit mark in present conditions of market.......
In reply to:
Infy near term down target =890....
Posted by : marketman
There is no eaning in holding this stock at present levels during this bear phase....
Support-Resistance LEVELS for TOMORROW !
Posted by : DUstocksTracked by: 0 Boarder
R3 R2 R1 P S1 S2 S3
1437.86 1363.93 1307.86 1233.93 1177.86 1103.93 1047.86
...
WISHES EVERYONE
Posted by : panasonicTracked by: 0 Boarder
HAPPY DIWALI AND PROSPEROUS: PANASONIC
...
Infy near term down target =890....
Posted by : marketmanTracked by: 0 Boarder
There is no eaning in holding this stock at present levels during this bear phase.......
In reply to:
Infy near term down target =890....
Posted by : lion-&-tiger
Happy Diwali
Yes.. sir.. IT is temp.phen... I see infosys heading towards 987 majic fibo number.. then finally it will hit 610 magic fibo..
At this present moment, as you rightly said the market need some scrip to hold participants long.. and IT scrips like infy and sify are taking care of that...
I donot know how long this will work.. ultimately this has to come down..
Infy near term down target =890....
Posted by : lion-&-tigerTracked by: 0 Boarder
Happy Diwali
Yes.. sir.. IT is temp.phen... I see infosys heading towards 987 majic fibo number.. then finally it will hit 610 magic fibo..
At this present moment, as you rightly said the market need some scrip to hold participants long.. and IT scrips like infy and sify are taking care of that...
I donot know how long this will work.. ultimately this has to come down..
...
In reply to:
Infy near term down target =890....
Posted by : novice1000
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards
Infy near term down target =890....
Posted by : GuestTracked by: 0 Boarder
I am surprised at your git to play trading in these volatile markets.
Remember that ONLY 2% of ALL TRADERS IN THIS WORLD make money - and this 2% is mostly financial firms, rarely individuals.
Its fine if you trade for the fun of it - but if its for making money, its a bad choice....
In reply to:
Infy near term down target =890....
Posted by : novice1000
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards
Infy near term down target =890....
Posted by : novice1000Tracked by: 0 Boarder
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards...
In reply to:
Infy near term down target =890....
Posted by : novice1000
dear lion& tiger,
Due to the depreciating Rupee against US Dollar, IT counters stood firm in the latest bloodbath.Even Satyam which touched its low of 235 levels few days back, stood firm at levels of 280 on friday.
However Rupee depreciation is a temporary phenomenon which may continue for few more quarters.
So as of now IT counters are short term plays and a strict no-no for long term.
regards
Is share ka time finished
Posted by :
kuttanTracked by: 0 Boarder
Like every superstar has his period, this scrip too had its glory days for years together.
Now due to intense competition, slowdown in the world, a tired labour force, unrest in staff due to poor pay and smaller companies emerging to give value for the buck, its only going to go one way, and that is down.
Plus the company does not know to utilise right people for the right things, people are really disgruntled....
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