Infy

Technically price has broken out of the resistance (previous high) and also it has surpassed the OI resistance 1400 which has the highest Call OI position built by the bears. On fundamental count, price has shot up due to severe decline of INR against USD. Now holding above 1400, next technical resistance at 1420. If INR declines below 70 against USD, price of Infy may cross 1420 with ease. Infy closed at 1408.