INFRATEL (Bharti Infratel Ltd) BUY ABOVE 204
As you can see Arrow1 it can be a flag formation. Condition for that flag formation is price should not break 294.05. Great Volume on Arrow3 may be suggest reversal trend or may be situation can be same as shown by Arrow2 .(Great volume = smart money generally) For short sell around 276.70 (SL 281) , First Target 266 Second Target 250.......
i am bullish on infratel and see upside target 500 510 strict sl 410
This stock was in falling channel from 2015 before finally turning the trend after bottom in early this year, after price broke out of the falling channel of two years stock price started inverted H&S pattern. This week's closing candle closed above the neckline briefly and setting the target to 490 level to the upside from current level of 404 per share. This is...