Indian stock markets declined in the week ended April 4 wiping out earlier gains on wo

After opening higher on Friday, the 30-share index Sensex dangled on the

As per views of Hitendra Vasudeo of stockmechanics.com, the day traders can buy Infosys, as it is a brilliant option for intraday dealings.

Mr. Vasudeo said that the traders can purchase Infosys stock above Rs 1510 to achieve a target of Rs 1556. If the stock market remains positive, the next target for the day will be above Rs 1569.

The stop loss marked for the suggested stock is Rs 1490.

The stock has been recommended after analyzing its last performances, and the traders can achieve the said target on the back of brilliancy in the stock market.

Stock analyst Hitendra Vasudeo of stockmechanics.com has suggested investors to sell Reliance Energy stock below Rs 1200 with a stop Loss of Rs 1250 to achieve a target that lies between Rs 1140-Rs 1123.

Mr Vasudeo is of the view that investors should sell the stock today in order to avoid loss, as there are full chances of a downward trend in this stock.

He said that if the stock fell below Rs 1,150, it may see more weakness.

After selling the stock in today’s session, the interested investors can enter the stock again, but only on declines.