Long Position - Bharti Infratel

The instrument today gave a BO from H&S pattern with good volume .... Immediate target for short term would be 206 ... Moreover, as drawn on the chart, the move of the instrument from low of 119 to high of 240 is an Impulse and is followed by a triangle correction ... Hence as per EWT, the next wave has to be an impulse of the same amplitude as the previous impulse ... Hence Bharti Infratel is a good candidate for taking long position, with target of 305 and expected time span would be 2-3 months ... All views expressed by me are for educational purpose only and not to be used for trading instrument