infy result in short - Net profit grew 12% y-o-y, revenue grew 22% y-o-y, so margin is getting impacted, mainly due to high attrition rate, new deals in last qtr is good 2.3Bn USD, there was very high expectation for IT co results but somehow we can observe some reality check. Result overall good but IT cos are not going to witness the results which they delivered last year. Technically Infy is at crucial supp level, 1735 is 200dma, if maintains then we can expect up to 1780-1800. if breaches 1735 and sustains then it may come down to 1680.
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