Amit Harchekar of aplusanalytics is of the view that one may short Infosys as the stock may test Rs 1900-1950.
Amit Harchekar of aplusanalytics told CNBC-TV18, "We have recommended a short on Infosys at these levels. It is a classic example of long unwinding pressure. In last two trading sessions Infosys has seen a cut off nearly 13 lakh of open interest and that clearly has put the stock into an unwinding pressure."
"We expect Infosys to test levels of Rs 1,900-1,950 which again turns out to be a short-term support zone. We are expecting a steep decline in Infosys in the coming days," he said.
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