INFOSYS LTD

Infy - Big Directional Move Imminent - Direction Unknown

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Infy seems to be stuck in a tight range between 760-800 since the past five weeks since posting results and having a gap up on July15. A directional short term move imminent out of this range. While a breakdown below 760 could give downside targets around 720 - 680 where support exists. A breakout above 800 could indicate fresh lifetime highs.

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