Long
Infratel - Double Bottom
Bharti Infratel $NSE:INFRATEL stock is doing good for the past few days in a falling market and has shown a sharp reversal from the 308-311 support zone.
I can see a double bottom formation here with a positive divergence.
Good opportunity to buy this stock for the near term with a target of around 350 and stop loss a few points below 308.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
I can see a double bottom formation here with a positive divergence.
Good opportunity to buy this stock for the near term with a target of around 350 and stop loss a few points below 308.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.