INFOSYS TECHNOLOGIES
after announcing of annual result of infosys tech for year 2010-2011 stock of infosys down around 10% ahead of resignation of MR.MOHANDAS PAI ,
its a quick reactioninstock price due to this action because mr.pai is long associated with infosys as cfo and got best cfo of the year award twice but as infosys is a company which is managed by professional got not much bigger problem with this and its growth story going as well as before
financial result not true on market expectation so price slash,although profit and revenue up since last year
share price is trading below its 50 DMA and 200 DMA now
my view its better time to invest in infosys stock as opportunity for long term view
for short term trader buy onlyif it cross 3040 for a tgt. price of3250-3400
after announcing of annual result of infosys tech for year 2010-2011 stock of infosys down around 10% ahead of resignation of MR.MOHANDAS PAI ,
its a quick reactioninstock price due to this action because mr.pai is long associated with infosys as cfo and got best cfo of the year award twice but as infosys is a company which is managed by professional got not much bigger problem with this and its growth story going as well as before
financial result not true on market expectation so price slash,although profit and revenue up since last year
share price is trading below its 50 DMA and 200 DMA now
my view its better time to invest in infosys stock as opportunity for long term view
for short term trader buy onlyif it cross 3040 for a tgt. price of3250-3400
No comments:
Post a Comment