HCL Infosystems

The company has made losses in Q2 …the result was not so good …as anticipated…i think t may take atleast 2 more quarters for the company to turn around…in Q3, the most we can expect is a lesser loss…

Meanwhile…Waystowealth has given HCL INFO as a Diwali technical pick…with targets of around 110 to 150…the same as indicated by the use of Andrews pitchfork technique in the above chart…

In the coming days, it will be quite a surprise if the stock goes below 48-50 levels…after a gap of 3-6 weeks, the uptrend may resume…

http://www.indianotes.com/Investment-Idea/Way2wealths-technical-picks-for-Diwali-2016/204530/17010049.00/C

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