Infosys Technologies Ltd. (BOM:500209) stock analysis

Infosys Technologies Ltd. is currently down its 20-day moving average price of Rs. 2810.53 and down its 50-day moving average price of Rs. 2790.71. Also Infosys Technologies Ltd. is currently down its 20-day moving average volume of 72,982 and down its 50-day moving average volume of 102,068.

I would wait further to get into this stock, it’s trading below its moving averages currently. From long term perspective Infosys is always a better and advisable stock to be in.

Some of peer stocks from the technology sector:

HCL Technologies Ltd. Infosys Technologies Ltd. Satyam Computer Services Ltd. Tata Consultancy Services Limited
Tech Mahindra Ltd. Mphasis Ltd. FCS Software Solutions Limited Patni Computer Systems Ltd.
Kpit Cummins Infosystems Ltd. Hexaware Technologies Ltd. Oracle Financial Services Software Ltd. 3I Infotech Ltd.
Sasken Communication Technologies Ltd. Mindtree Ltd. GSS America Infotech Ltd.


August 22nd, 2010  in Indian Stocks No Comments »

Wipro Ltd. (BOM:507685) – Bearish Trend

Wipro Ltd. is currently down its 20-day moving average price of Rs. 418.70 and above its 50-day moving average price of Rs. 408.09. Also Wipro Ltd. is currently down its 20-day moving average volume of 204,672 and down its 50-day moving average volume of 188,534.

Wipro’s stock seems to be on bearish trend, its a good buy in the range of Rs 405 – Rs 412 with a target of Rs 435 – Rs 445 an significant upside of 10%, however stop loss triggering should occur around Rs 398 level.

For similar stocks go to IT Consulting & Software

August 22nd, 2010  in Indian Stocks No Comments »

Satyam Computer Services Ltd. (BOM:500376) – Bearish Trend

Satyam Computer Services Ltd. is currently down its 20-day moving average price of Rs. 86.97 and down its 50-day moving average price of Rs. 88.60. Also Satyam Computer Services Ltd. is currently down its 20-day moving average volume of 1,467,937 and down its 50-day moving average volume of 2,057,252.

Satyam Computer’s stock is seen on bearish trend, its better be on sideline for a while and then jump in to get maximum out of this stock. For Price /Volume Chart click here

August 22nd, 2010  in Indian Stocks No Comments »

Indian Penny Stocks Week ending August 20, 2010

Indian penny stock list as of week ending Aug 20th , 2010

526652 Cals Refineries Ltd. 17755219 0.33 -2.94 %
533006 Birla Cotsyn India Ltd. 8264380 1.29 4.88 %
532666 FCS Software Solutions Limited 6026200 2.51 0.40 %
531312 Sanraa Media Ltd. 5188538 0.22 4.76 %
517001 Birla Power Solutions Ltd. 5171457 2.26 0.44 %
532981 Anu’s Laboratories Ltd. 3030985 5.93 16.27 %
500045 Bellary Steels & Alloys Ltd. 2876144 2.97 -3.57 %
532995 Avon Corp 1898114 6.28 9.98 %
531366 Kohinoor Broadcasting Corporation Ltd. 1862091 4.30 9.97 %
517565 Ashco Niulab Industries Ltd. 1070526 0.91 3.41 %
531937 Beckons Industries Ltd. 997667 7.34 0.55 %
531273 Radhe Developers India Ltd 875858 2.10 -0.47 %
590070 Radaan Media 731770 4.02 19.64 %
523277 G.V.Films Ltd. 698697 1.57 -1.26 %
512535 Asahi Infrastructure & Projects Ltd. 655105 1.15 0.00 %
532275 Landmarc Leisure Corporation Ltd. 647831 1.52 19.69 %
532283 Kaashyap Technologies Ltd. 614378 0.62 5.08 %
532414 IKF Technologies Ltd. 576946 3.56 5.33 %
514221 Krishna Lifestyle Technologies Ltd. 551125 1.02 0.00 %
533089 Teledata Technology Solutions Ltd. 550967 1.66 -5.14 %
August 21st, 2010  in Indian Stocks No Comments »