INFY - Infosys Technologies Limited
Infosys Technologies Limited (Infosys),is a global technology services firm that defines, designs and delivers information technology (IT)-enabled business solutions to its clients. The Company provides end-to-end business solutions that leverage technology for its clients, including technical consulting, design, development, product engineering, maintenance, systems integration, package-enabled consulting, and implementation and infrastructure management services. Infosys also provides software products to the banking industry. Infosys BPO is a majority owned subsidiary. Through Infosys BPO, it provides business process management services, such as offsite customer relationship management, finance and accounting, and administration and sales order processing.On April 1, 2008, Infosys Australia acquired Mainstream Software Pty Limited (MSPL). On March 5, 2009, the Company incorporated a wholly owned subsidiary, Infosys Technologies (Sweden) AB.
A Filled Black Candle means that the stock gapped up and then closed lower than the open - a sign of weakness. This often happens at the end of a short term uptrend. Those that are long this stock are now getting nervous. If the stock moves much lower, these traders will likely sell.
A Hollow Red Candle means that the stock gapped down but still had enough strength to close above the opening price. This often happens at the end of a short term downtrend. Those that shorted the stock are now getting nervous. If this stock moves much higher, they will likely cover.
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