INFOSYS LTD
ลดลง

SHORT INFOSYS

Results were bad and guidance is dismal.

Technically, Infosys is all set to test 200 WMA and may find support around 945 levels. There is good 10-12% immediate downside visible from here.

Fundamentally, Infosys is trading at 15-16 1 yr forward-looking multiple. Given guidance of 10-11%, it is surely going to get re-rated along with the whole of IT sector.
indianmarketinfosysNIFTYshort

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