SlideShare a Scribd company logo
4 June 2015
CMP :
Action :
Targets :
Stop-loss :
Comment :
2052
Buy
2140/2180
2000 (CLOSING BASIS)
Daily chart suggest that stock is well
placed above all important moving
averages indicates positive sign. Also
the fact that its taking the support of
upward trend i.e. 2000 levels and
heading upward suggest potential up
move in near term. RSI showing
positive crossover in it’s midway.
Technical Analyst Name
Swati A. Hotkar
Contact:- 022-39268255
Swati.hotkar@nirmalbang.com
INFOSYS DAILY CHART
Duration : 2-3 DAYS
COMPANY NAME GRAPH NAME
Disclaimer:
Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock Exchange of India
Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for
registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do
not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held
kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve
months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market
making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be
true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision .
Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD)
B-2, 301/302, Marathon Innova,
opp. Peninsula Corporate Park
Off Ganpatrao Kadam Marg
Lower Parel(W), Mumbai-400013
Board No. : 91 22 3926 8000/8001
Fax. : 022 3926 8010

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Infosys: Nirmal Bang's short term technical recommendation

  • 1. 4 June 2015 CMP : Action : Targets : Stop-loss : Comment : 2052 Buy 2140/2180 2000 (CLOSING BASIS) Daily chart suggest that stock is well placed above all important moving averages indicates positive sign. Also the fact that its taking the support of upward trend i.e. 2000 levels and heading upward suggest potential up move in near term. RSI showing positive crossover in it’s midway. Technical Analyst Name Swati A. Hotkar Contact:- 022-39268255 Swati.hotkar@nirmalbang.com INFOSYS DAILY CHART Duration : 2-3 DAYS
  • 2. COMPANY NAME GRAPH NAME Disclaimer: Nirmal Bang Securities Private Limited (hereinafter referred to as “NBSPL ”)is a registered Member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited and MCX stock Exchange Limited. NBSPL is in the process of making an application with SEBI for registering as a Research Entity in terms of SEBI (Research Analyst) Regulations, 2014.NBSPL or its associates including its relatives/analyst do not hold any financial interest/beneficial ownership of more than 1% in the company covered by Analyst (in case any financial interest is held kindly disclose)NBSPL or its associates/analyst has not received any compensation from the company covered by Analyst during the past twelve months. NBSPL /analyst has not served as an officer, director or employee of company covered by Analyst and has not been engaged in market making activity of the company covered by Analyst. The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision . Nirmal Bang Research (Division of Nirmal Bang Securities Pvt LTD) B-2, 301/302, Marathon Innova, opp. Peninsula Corporate Park Off Ganpatrao Kadam Marg Lower Parel(W), Mumbai-400013 Board No. : 91 22 3926 8000/8001 Fax. : 022 3926 8010