praveen.bhatiya
Long

Infratel Long Double bottom Action/Reaction Trade

NSE:INFRATEL   BHARTI INFRATEL LT
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.
Comment: Trade is doing well and seems to reach the target soon.
Trade closed: target reached: Stress Free trade closing on target.

Comments

Good one as usual :)
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@dravya, Thanks Dravya ji.
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bearishbull1968 praveen.bhatiya
nice trade setup great
Reply
praveen.bhatiya bearishbull1968
@bearishbull1968, Thanks for appreciation. :)
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