Buy Infosys :: HDFC Securities

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Infosys(1098) • Stock has been holding above its 100 Week moving average. • Higher top and higher bottom on the weekly chart indicates primary uptrend. • After small correction, Stock price has recently turned north by taking support on the upward sloping trend line, adjoining the weekly bottoms of 3rd May 2013, 10th July 2015 and 20th Nov 2015. • MACD on the weekly chart has turned bullish by crossing above signal and equilibrium line •

Advise: Buy Stock between 1098-1050, SL 1030, Target 1190

link
http://hdfcsec.com/Share-Market-Research/Research-Details/StockReports/3016494