Wednesday, November 28, 2007

India Infoline

India Infoline is a good story for the long term, but in the short term, it may face volatility, says Vijay Bhambwani, technical analyst, on CNBC Awaaz. The stock has support at Rs 975, but if it falls below that, then the next support comes in at Rs 850, he says. The stock may face resistance at Rs 1,250, he says. But it is a good long term play, so if you hold the stock, then stay investd, he suggests.

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