The stock is having Fundamental issue so no Hedge Funds will be looking to put their Investment until it cools down with some decision in Feature Growth So in my opinion Keep shorting it till it reaches to 800 , because even it becomes Strong in Fundamental , i don think the Hedge Funds will not take position in Middle of Previous Price action of demand / Support , In fact they will let the price fall so that they can accumulate at best said price range and start pushing the price up Many people will have many analysis , i feel this way so lets wait and watch where it will head Regards
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Comments
butterfly87
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Hi,
Do you still feel that infy is short till 800?
shiv2798
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@butterfly87, Sir its difficult to say now because change in the Fundamental value , Now company is in the verge of taking new projects and any time if they announce new project then the stock will catch fire , it will move up ward , so Fundamental value some time play major role in Stock price movement
Do you still feel that infy is short till 800?