Sell below 240 Stoploss 252
Reasons for trade-1. Daily trend is down
2. Price has broken important support of 255 and retested once
3.Multiple candles near 240 levels.
4.On 4 hour chart price has taken resistance near 250 levels.
5. Risk Reward 1:2
Based on my xMRSI-Progresser predictive trading methodologies, its going to be a RED candle on 04-Oct-2018 for INFRATEL
Sell Below(5Min candle close): 251.1 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
All indicators are slightly turning to positive side on weekly and daily charts. Buy @ CMP or (283-286). Weekly low RSI,Daily MACD Crossover are helps to reach the targets. Triangle breakout also slightly done.