niftytrader

RELINFRA : stay away

Short
NSE:RELINFRA   RELIANCE INFRASTRU
Bad chart structure.
This month a decade long support near 300 has broken and stock has collapsed below that
While the stock is oversold and can give a dead cat bounce anytime, it remains a sell on a rise
So sell if you a trader look for bounces to sell into.
Investors can stay away.

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