Info Edge has been showing signs of a good up moves to levels of 5850-6100 in near future.
As soon as it clears the hurdle price of 5500 we can expect an even bigger rally.
Fundamentally a stong company should buy it for a mid to long term perspective.
The weekly charts clearly indicate there is a strong uptrend in tata motors which is likely to sustain.
The moving average has sustained above 50 for a couple of days which further indicates there is no expectations for a downtrend in near future.
Near time target would be around 204.
