Date: 20 APRIL, 2017
Scrip Name: INFY
Strategy – FUTURE BUY
Buy INFY Future above 924, with SL 913 and Target 945-955
Reason – Technically the stock has been in a bearish trend and is now poised near support level indicating good demand at current levels. The 1000 CE has the highest OI indicating that the stock is now likely to move towards 960-980 levels in near term.
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About Nirmal Bang
Founded in 1986 by Nirmal Bang, the Nirmal Bang is recognized as one of the largest retail broking houses in India, providing an array of financial products and services. Their retail and institutional clients have access to products such as equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS. The Group is headed by Mr. Dilip Bang and Mr. Kishore Bang.
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