 "Sebi, markets")
Technical calls and outlook on Nifty by Vinay Rajani, Technical Analyst, HDFC Securities:
Nifty View
Nifty has recently taken support at 11,340 and resumed its uptrend. The positional trend of the Nifty has been bullish. Resistance for Nifty is seen at 11,500. Longs in Nifty should be held with a Stop loss of 11,340.
Buy Infosys
CMP: Rs 1,409
Target: Rs 1,495
Stop-loss: Rs 1,347
Stock has broken out from the price consolidation which held in last 1 month. Stock has registered new all-time high with healthy volumes. Recent depreciation in rupee against the dollar is going to impact positively to the entire IT sector. Rupee has
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