The time to buy Blue Chip stock is when there is lot of uncertainity around it and Infosys if we look at volume structure and price action yesterday...I believe all the dips will be bought...
I am assuming 1185 low wont breach and all dips upto 1220 1240 should be bought..before next quarter results stock will be available above 1450 zones...
I am assuming 1185 low wont breach and all dips upto 1220 1240 should be bought..before next quarter results stock will be available above 1450 zones...
Comment:
Low 1215 and all the buy levels hit now hold patiently and Enjoy
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1278 from 1220
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1292
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1310
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1399 and 17rs dividend in June gives 1416 from 1215...Booked 50% profit before results...
Comment:
1417 awesome move :D
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20th July we have results will it cross 1435 + (17Rs DIV) before that it should be one of the best calls considering uncertainity seen in April
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1440 booked another 25%
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1460 odd zones touched today
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1499 touched...Results are tomorrow but was indeed bold call when crowd was negative on INFY post q4 results...Clearly mentioned it will be above 1450 before results...Personally booked out completely...shifted to other IT stock today LTIMindtree...
Comment:
Hopefully was good exit call on 19th
