My knowledge on the stock market has been seriously challenged over the past week… and it is proving a costly lesson … anyway, since I am not in a position to give my opinion on effect of inflation and oil prices, . however, based on my assessment, I have something, that may be useful to you …

INFY is has gone down by 10% in the last one week despite best quarterly results, increasing the year end forecast… these results beat the market expectation.. so, why is stocking going down… I have no idea… ????

But I always considered INFY at $70 is good buy and I did make some quick once by buying at 71 and selling at 74.. .anyway, right now, it is trading at 68 or so, and looks like it is going to go down further.. However, it will soon bounce back to $75 or so, keep watching and don’t buy until the stock starts going up.. if you get at below 70, I guess, that is an opportunity to earn some bucks

Why does it bounce back to 75 ? Coz, it traded at this price for about 8 months now and there is no gripping reason why it is going down now..