End of November I analysed and found Relinfra had good potential as investment. Support was at 450 - 460. Targets were 500 and 550. Target 1 achieved within 20 days, then price action again took support and now moving towards target 2. As Govt has more infra related projects, Relinfra has good potential as investment.
Comment:
This post is a link-in post of Neetesh Jain's "Reliance Infra - Good Investment Stock". As my chart is not getting displayed in comment.(In Blogspot when more than one person have the same view they create "Link-in" post)
Comment:
I trade along with main index and activate this trade when nifty is long.
Trade active:
@ 512 on 1/24/17
Comment:
Bullish flag in one hr chart.
Trade closed: target reached