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.

On Wednesday, the stock marked its closure at Rs 1481.95 on the Bombay Stock Exchange (BSE). The stock has seen a 52-week high of Rs 2140 and a low of Rs 1212.2 on BSE.

Infosys Technologies was awarded the 2007 Boeing Performance Excellence Award (BPEA) by The Boeing Company for achieving a gold level of performance over the 12-month period.

Infosys Technologies was one of the fewer than 50 companies, from approx. 10,000 Boeing worldwide suppliers to receive a gold level performance award.

The company provides solutions which include application development and maintenance, corporate performance management, enterprise quality services, infrastructure services, packaged application services, product engineering and systems integration.

The company joined the Shared Assessment Program launched by BITS to gain efficiencies in the security assessment process. The company has restructured recently in November 2007 to broaden the customer base and strengthen services. The company has a global presence with a major presence in the Americas, APAC countries and Europe.

Other stocks from the same sector that looks good for short-term trading includes HCL Tech, Wipro and TCS.