rf16saun

INFRATEL broke inverted H&S neckline

Long
NSE:INFRATEL   None
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 good setup with decent risk reward ratio if taken now.

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