B-Power

(Intraday) Sell! Infratel

Short
NSE:INFRATEL   None

1. Infratel Price already took the reversal from 61.8% Retracement level.

2. On Drawing the AB-CD Pattern on the same. Lets find the reversal level.

Assuming BD= 1.27 , D =192
Assuming BD=1.61 , D = 187
Assuming BD = 1, D = 197

3. SELL BELOW: 202 TARGET:197 , 194 , 192, 187 Stop loss: 207

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Order cancelled: Pricing goes above SL LEVEL

Comments

Price may go higher from this lvl if market conditions remain same.
+1 Reply
B-Power rajsinha
@rajsinha, Yes, It may go up. As we are not GOD who know the future. That's why to keep the trade safe. I have given the sell signal after the confirmation will come
Reply
Infratel. ..trend is positive... Avoid sell position on this stock.
+1 Reply
Excellent analysis
+1 Reply
B-Power murarimeena3244
@murarimeena3244, Thank You :)
Reply
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