SELL INFOSYS

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Call for Monday 12/08/2013

SELL INFY AUG FUTURE

INFY-AUG Future (CMP 2982.05)

Infy is in OVERBOUGHT zone. 

Both MACD & Stochastics have produced SELL signal.

RSI has started falling...... therefore SELL

Intraday

SELL @ 2973.00 --------> Stop Loss 2991.00

Targets 2968 - 2963 - 2959 - 2953 - 2945 - 2935

Positional

SELL @ 2966.00 --------> Stop Loss 2997.00

Targets 2957 - 2951 - 2939 - 2932 - 2903 - 2886