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Infosys is slipping in to such a comatose state that we are running out of things to write about this stock. The stock moved in a narrow 100-point range last week, so both the medium and the short-term view on this stock stays unaltered. For those who joined in late, the medium term trend in this stock is sideways and the short-term trend is down. The stock could rally higher to Rs 1,936 and then Rs 1,975 next week. But it needs to move above the Rs 2,000 to make the short-term outlook positive.

Investors can buy the stock in the band between Rs 1,700 and Rs 1,800. Traders can keep away from the counter until the stock starts trending either up or down.

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