Wednesday, July 10

Positional Calls:Infy,SunPharma and United Spirits

Infosys

Infy

Infosys is coming with its results tommrow before market opens,Stock has a bad history of opening 10+% gap up or gap down. Stock is approaching its higher end of trendline and if unable to cross and close above 2584 on closing basis stock can fall all its way upto 2351. Any close above 2584 gives positional target of 2817. Traders who are taking positions in futures today please hedge yourself, as capital preservation is must for any trader than comes profit and loss.

Buy above 2514 Tgt ..


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