Pre-Market Analysis on Electronic Arts, Take-Two Interactive, VMware, and Infosys

  Pre-Market Analysis on Electronic Arts, Take-Two Interactive, VMware, and

PR Newswire

LONDON, March 22, 2013

LONDON, March 22, 2013 /PRNewswire/ --

Markets declined on account of escalating Cyprus issue. Oracle's disappointing
financial numbers also added pressure on Technology sector on Thursday as
benchmark index NASDAQ dropped 0.97 percent to close at 3,222. Other major
indices also ended in the red zone with S&P closing 0.83 percent down at
1,545.80. The Dow Jones reported 0.62 percent decline to finish at 14,421.49.
Our research team took a look at Technology sector in general which includes
major companies such as Electronic Arts Inc. (NASDAQ: EA), Take Two
Interactive Software Inc. (NASDAQ: TTWO), VMware Inc. (NYSE: VMW) and Infosys
Ltd (NYSE: INFY). StockCall has posted free technical research on EA, TTWO,
VMW, and INFY which can be downloaded upon sign up at

Electronic Arts Inc. is currently in a bullish mode as the stock ended its
Thursday trading session at $17.70, up 2.08 percent. The stock traded in the
range of $17.54 and $17.99 during yesterday's session. Electronic Arts traded
5.80 million shares, in comparison to its regular trading volume of 5.66
million. Its first support level is at $17.51 and upon breaching this level
the stock may go down to $17.05 level. On the upside, the company's stock may
touch $18.08 level. The stock has traded in the range of $10.77 and $19.51 in
the past 52 weeks. It grew by 1.37 percent during the same time period. On a
Year-to-Date basis, the stock is 27.16 percent. Sign up and read the
complimentary report on EA at

Take Two Interactive Software Inc. shares were marginally down for its latest
trading session, ending the day 0.45 percent lower at $15.59. The stock fell
to an intra-day low of $15.56, while its intra-day high stood at $15.97. Its
trading volume for yesterday's session stood at 991,261 shares, down from
regular volume of 2.16 million shares. Despite the downward movement, Take Two
has grown more than 41 percent this year, compared to a gain of 10.22 percent
for the S&P 500. The company's shares have strong support at around $15.46, as
the stock shows a bullish trend. The stock is trading lower than its 20-day
and 50-day moving averages. The free report on TTWO can be downloaded by
signing up now at

VMware Inc. traded in the range of $79.78 and $81.51 in its latest trading
session and closed the day at $81.05, down 0.32 percent. The stock's 52 weeks
range stands at $70.05 and $118.79. VMware lost 24.33 percent of its value in
the past 12 months, while it shed 12.71 percent so far this year. The company
is in a bullish mode and may find its first support level at $80.34. It is
trading above its 20-day moving average of $76.05, further confirming the
positive trend. Free report on VMW can be accessed by registering at

Shares of Infosys Ltd ended its previous trading session lower at $52.21, down
2.28 percent. It traded 1.25 million shares during the session. The stock
gained more than 24 percent this year, outperforming the broad market. The
stock has slipped from $53.08 resistance level. It has support at around
$51.73 at the moment. With its downward movement, Infosys Ltd. is still
trading below its 6-day and 20-day moving averages. Register with StockCall
and download the research on INFY for free at

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