Infratel - possible upside after correction is over
Major Resistance at .5 Fib 424. it is coinciding with past resistance level. The stock has taken support at 375 levels. I am not sure if this will hold or not. i will wait for some time to see my CMF indicator trend..
Wait and observe . buy only if you think it is gaining momentum. and SL to be at 365.
if it falls below 375 buy at 365 levels and keep a very strict SL just 4-5 points below 365. once the stock starts to fall below 365 and it will fall further to much more lower levels.
Wait and observe . buy only if you think it is gaining momentum. and SL to be at 365.
if it falls below 375 buy at 365 levels and keep a very strict SL just 4-5 points below 365. once the stock starts to fall below 365 and it will fall further to much more lower levels.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.