Infosys (Close 2444.65) : Infosys made a gap down opening on its Quarterly results day on 12.01.2012, between 2812 & 2754. On 13.04.2012 made a gap down between 2754 & 2511.
Traders can go short below 2456, in Infosys with stop loss of 2473 for target of 2368 & 2273.
And option traders can take 2350 PUT (Cmp 48).
PS: Infosys Technologies Quarterly Results will be announced on 12th July. Keep a watch on this stock.
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