Infosys good bet, target Rs 1110: Rajat Bose

Rajat Bose of rajatkbose.com told CNBC-TV18, "Tech Mahindra has been flat for a very long period of time and the stock needs to cross Rs 575 to Rs 600, only then you can say that people have not taken negatively to this. Otherwise, there is a possibility that the sell side may accentuate after some time, maybe not immediately but it can happen."

"While for other IT stocks I would say that, Infosys looks to me probably good trade because it is trading above its 200-day exponential moving average which is around Rs 1,068 or so. Since it has closed above that, there is a possibility that Rs 1,095-1,110 may be a likely possibility. Put a stop loss below Rs 1,064 if you were to take a trade on this recommendation," he added.

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