Infosys
INFOSYS + $9.50 Short Call + Bull Run PotentialI believe in the next few weeks or month, a $9.50 positive correlation price target for Infosys is quite possible. I also think given other's bullish outlook, that a bull run for a long term hold could be quite possible. That being said, please take into account what I said as just an opinion and not face value. I do think though that INFOSYS is a conservative stock pick and wouldn't classify it as too high risk or even medium risk.
Infosys long termInfosys has been moving in the long term channel. It has presented opportunities to buy and sell within the channel. Watch out for the break of the channel downside in the long term. If and when it does, it will indicate that the trend has turned from bullish to bearish.
Short term view also been posted here.
#INFYINFOSYS LTD
Sector: Technology
Industry: IT Services & Consulting
Employees: 228123
Infosys Limited is engaged in consulting, technology, outsourcing and next-generation services. The Company, along with its subsidiaries, provides business information technology services comprising application development and maintenance, independent validation, infrastructure management, engineering services comprising product engineering and life cycle solutions and business process management; consulting and systems integration services comprising consulting, enterprise solutions, systems integration and advanced technologies; products, business platforms and solutions to accelerate intellectual property-led innovation, including Finacle, its banking solution, and offerings in the areas of Analytics, Cloud and Digital Transformation. Its segments are Financial Services and Insurance (FSI), Manufacturing and Hi-tech (MFG & Hi-TECH), Energy & utilities, Communication and Services (ECS), Retail, Consumer packaged goods and Logistics (RCL), and Life Sciences and Healthcare (LSH).