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Can Infy go to 2000

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  #1  
Old 7th May 2008, 04:25 PM
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Default Can Infy go to 2000

Guys,

I have 30 shares of infy at average price of 1607. Now CMP of infy is 1852 and i am at 15% profit, should i sell now or hold infy.

What is the target of infy now ? i am very confused...can infy go to 2000 levels ?

or what is the next target for infy ?
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Old 7th May 2008, 04:32 PM
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Default Re: Can Infy go to 2000

dont be in a hurry to get rid of this stock.... the stock has the potential to run upto 2500 level in the next rally... which could come in 10 - 12 months when new govt is formed... the dollar Re rate is stable and slowing stronger for dollar. 2000 level is likely in the near term... a month or so... but since you are in profit... trade with a stop loss of 10 % of profit... have a great time investing...
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Old 7th May 2008, 06:46 PM
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Default Re: Can Infy go to 2000

dollar will get stronger only for short term,so keep that in mind amd trade.even new govt formed,no one can stop free flow of dollar.
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Old 7th May 2008, 07:33 PM
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Default Re: Can Infy go to 2000

I am holding since 6th May ,cant say about 2000 (i go step by step) ;tomorrow has to trade above today's High = 1859.00 to remain bullish ,so the Gap area created in Hrly chart can work as Support.
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