Date:30/07/2006 URL: http://www.thehindubusinessline.com/bline/iw/2006/07/30/stories/2006073002400700.htm

Back Infosys

The price bounced off the support of Rs 1,570 last week and moved in a narrow range as anticipated.

The price is still stuck in the range between Rs 1,570 and Rs 1,720.

A breakout beyond either boundary is required to establish a clear trend for the medium-term.

Price can move to Rs 1,800 if it crosses Rs 1,720.

Buy in dips for short-term trading purpose with a stop-loss at Rs 1,550.

Lokeshwarri S.K.