Infosys Technologies Limited:

Use this rally to exit your holdings of Infy. positional traders can Short Infy at current level or wait for little higher levels up to 2650 hold your shorts with the stop loss above 2750 on closing basics. 

Nifty is now cat on the wall. Let us wait for some confirmation. If u are compulsory trader you can go long with SL below 4900 or short with SL 5169. Else wait for a fall and invest in good stocks.