TECH stocks continue to show weakness

In last post we saw BSE IT index showing bearish patterns and now individual stocks are also breaking down, so going by such a picture if markets fail to move higher TECK stocks may underperform.

Please download the PDF to check latest report on IT Stocks: http://www.4shared.com/document/-q8Ok8i9/TECH_stocks_showing_weakness_2.html

IT bellwether Infosys Technologies plunged 2.65 per cent in early trade a day after the government approved hiking the minimum alternative tax (MAT).
http://www.financialexpress.com/news/infosys-sheds-3-on-govt-move-to-hike-mat/673247/

http://economictimes.indiatimes.com/Jobs//articleshow/6437580.cms   High attrition rate hits IT companies' bottomlines