Today we had the result announcement of infosys .The earnings were better than expected but the companies has cut is estimated profits for the fourth quarters and weaker earnings in the next quarter. The market reacted and stock was down 8.5% today, i dont see the stock falling alot from here maybe 2% to 2500, but will not advice shorts rollover for tomorrow. The DAX is up nearly more than 1% our markets may react to that tomorrow, so square of your short is the advice.
IT made good money for us, I enjoyed beating the stock, already beaten blue and black.
IT made good money for us, I enjoyed beating the stock, already beaten blue and black.
some of my friends and I acted on this and squared the position yesterday with very good profit
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