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Stocks

Chart: Infy Result Tomorrow, What To Expect?

Infosys’ Results tomorrow will kick off large cap results for the Financial Year 2012-13, and is expected to be a really big thing. The stock was up over 3.5% today, closing in at 2915.

Infy Result Impact

The last three times, the stock has moved in the opposite direction of it’s previous day. Since 2007 though, going the other way of the previous day, versus the same direction is 13:10. And this is the biggest pre-result day move since October 2007.

What happens tomorrow? I’ll post an update. The result day moves have been quite dramatic, and I was long a strangle (2500 put, 3000 call) which went up nearly 100% in two days and I exited for the most part. 

Disclosure: I am short through puts.

  • Kaushik says:

    Comes easy, goes easy. 17% up last qtr , 17% down today. Congrats you were sitting PUT on that.. Thats now all your money to spend 🙂

  • ashish pandey says:

    You really produce wonderful stuff Deepak and I really enjoy your work every time.Great to subscribe to your posts…..keep posting!!!!!!!!!!!!

  • Murty says:

    IT’s show time folks…..
    Paresh Rawal in a Telugu Movie “Kshana kshnam”….. says about the hero, who took a money bag that contains some big amount!
    “Rendu Nelalu kashtapadi plan cheste, vaadu rendu nimushaallo kottukupoyindu”
    “We worked very hard for two months , but he took it away in just two minutes”
    I think it is apt in this case!
    December 20th the stock was available at 2300, It was 2900 yesterday, and now it reached 2300 levels again.One day can make that much difference!
    I believe it is an opportunity!Last time I sold it for 3050, and now there is a chance again!