TECHNICAL REPORT

• Chart of the Day: Infosys, breaks out of a decade old resistance line on monthly and quarterly charts, prices into un-chartered territory, expect 10-15% upsides from current levels
• Nifty maintain targets at 6250-6300, declines to 5850-5900 if any should be bought into
• Bank Nifty should continue its move towards 13000-13300
• Stocks with positive short term bias

- Infosys, ICICI Bank, Maruti, DLF, GIC Hsg, IDBI, L&T, Siemens

• Stocks with negative short term bias

- Idea, Cipla

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