Long
Infratel Long Double bottom Action/Reaction Trade
Updated
The pattern is simple and clear so doesn't require much details. After breakout it is retesting from the above which could be an opportunity to go long with small stop loss. It has also broken the down sloping trendline.channel and trading above it convincingly another confirmation for a trend reversal. One can look a target of 357 - 370.
Note
Trade is doing well and seems to reach the target soon.Trade closed: target reached
Stress Free trade closing on target.
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