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Buy Infosys Technologies at lower levels: Sukhani
2008-05-20 10:37:35 Source : IMW/CNBC-TV18
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Technical Analyst, Sudarshan Sukhani is of the view that one should buy Infosys Technologies at lower levels. It still has higher targets.
Sukhani told CNBC-TV18, "Infosys still has higher targets, so it hasn’t had a good session that doesn’t mean much because all stocks will go up and then come down, sometimes have choppy days but that’s all right. As a sector, I would approach Infosys and technology both as a buy on dips sector - buy whenever there is an opportunity to buy it at lower levels."
Disclosure: The analyst has delta neutral positions in Nifty and investments in shares.
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 1747.20 | 1871.15 | 123.95 | 7.09 |
| 5-Days | 1750.50 | 1871.15 | 120.65 | 6.89 |
| 7-Days | 1779.80 | 1871.15 | 91.35 | 5.13 |
| 15-Days | 1753.75 | 1871.15 | 117.40 | 6.69 |
| 1-Month | 1510.80 | 1871.15 | 360.35 | 23.85 |
| 3-Month | 1564.75 | 1871.15 | 306.40 | 19.58 |
| 6-Month | 1653.05 | 1871.15 | 218.10 | 13.19 |
| 9-Month | 1910.45 | 1871.15 | -39.30 | -2.06 |
| 1-Year | 1972.55 | 1871.15 | -101.40 | -5.14 |
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