1. Sharekhan has recommended Infosys with a target price of Rs 2,135.
2. The stock is currently trading at Rs 1,530, down over 2% on the BSE.
3. Infosys has a strong support at 1500 levels and one should be careful while shorting this stock as it can rebound at any time from 1500 levels.
4. In case 1500 is broken than it may touch 1420 levels.
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