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Infy Has Moved 10% in Each of the Last Three Result Days

As US markets rejoice that US congressmen are actually talking about ending the shutdown, and the Dow is up a gazillion points, we bring you the incisive commentary that makes Capital Mind unique. The Infy pre-results day chart.

INFY results chart

The last three results have seen a 10%+ move.

Today we’ve seen a +1.39% move. Tomorrow, results come in before markets open. How will it go?

The last few times results have been lackluster, and the stock moved a lot. I have a strong feeling this time we may be in for a surprise.

  • Alok Agarwala says:

    Gud morning Deepak ji. Nice article as always. Just a small query. The surprise you mentioned at the end of the articel – is it that there will be very less movement this time (after 10% + movements for last 3 qtrs) or is the surprise in terms of direction of movement?