nano6yogesh

Infratel - Double Bottom

Long
NSE:INFRATEL   None
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.

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