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Stock Radar: Buy Infosys with a target price of Rs 1720 in 7-8 weeks, says Shitij Gandhi

"A steep fall from 1800 level has pushed Infosys back below its 200 days exponential moving average on daily charts in recent past. However, stock managed to hold onto its 100-Days EMA on weekly charts which is placed at around 1460 levels," Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

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