whatever happens i feel INFY will go down dragging all other IT stocks along with it
for that imo rupee has to rise further and that would also mean that market will cross 7000 around election time(as of now i see it difficult to cross 7000 before election as i think funds will lighten up before election so no rupee rise), the point i am seeing against infy long is that many people are expecting long(through various sites).
The closing on tuesday will give a confirmation to whether long or short for coming days, I am considering following scenarios -
1. if gap up or down and close near lows then i will expect more selling in coming days.
2. If gap up or down and close near highs then i will expect buying in coming days.
3. If its a non-event then too i am more biased to long.
Lets see how it pans out.