Buy Infosys, advises Hemant Thukral

Hemant Thukral of Aditya Birla Money is of the view that one may buy Infosys as the stock may test Rs 3280 if it does not break Rs 3130 on the downside.

Hemant Thukral of Aditya Birla Money told CNBC-TV18, "I would definitely want to trade on  Infosys . I have been seeing continuously Put writing now emerging very confidently at Rs 3100 levels, that is suggesting that even if I adjust the premiums Rs 3130-3080 has become a very strong bottom and now at least the group situation changing in the sense that who is coming and who is going out is relatively more clear."

"Infoysys may play a catch-up with Tata Consultancy Services  (TCS) and HCL Technologies . So I am of the opinion that you may see it going up back to Rs 3280 if it doesn't break Rs 3130 on the downside. So I would be a buyer in Infosys in the IT heavy space," he added.

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