F&O cues: How to trade Infosys ahead of Q2 results?

Infosys is set to unveil its second quarter earnings this Friday amid expectations that the country's second-biggest software exporter may raise its FY14 dollar revenue growth guidance in the July-September results.  

The stock is currently trading 0.4 per cent higher at Rs 3,031.

So how should one trade Infosys ahead of its results?

Check out the trading strategies with Chandan Taparia, Derivative Analyst, Anand Rathi Financial Services.

SmartInvestor : Markets have opened with a gap-up today. For the day, do you expect Nifty to touch 6,000 levels?

Chandan Taparia : Nifty future has been trading in a range of 5750 to 6015 from last three weeks and now if it sustains above 6020 then only further move may be seen in the market.

Nifty future if sustains above 6020 then rally may continue towards 6060-6100 levels.

SmartInvestor : SmartInvestor:Are you seeing any fresh buildup of long positions in Infosys ahead of its results?

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