Sunandamedi

INFRATEL - WHY SUCH A HUGE FALL??

Long
NSE:INFRATEL   None

IT SEEMS THIS HAS BECOME A TREND, THAT A SHARE FALLS FOR THREE CONSECUTIVE DAYS WITH HUGE VOLUMES & PRICES AND THEN RECOVERS ON THE FOURTH DAY.

THIS IS BECAUSE THE FUNDAMENTAL OF THIS COMPANY IS GOOD. AND, THE MERGER REVENUES SHOULD START COMING IN THE COMING PERIOD.

BHARTI AIRTEL IS GOING WITH NEW PLANS AND SHOULD GENERATE BUSINESS FOR INFRATEL.

IT IS BETTER TO ENTER AT 261 - 265 PRICE RANGE WITH A STOP LOSS @ 254.

WAIT PATIENTLY.

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