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.
The pattern is simple and clear so doesn't require much details. After breakout it is retesting from the above which could be an opportunity to go long with small stop loss. It has also broken the down sloping trendline.channel and trading above it convincingly another confirmation for a trend reversal. One can look a target of 357 - 370.
Infratel is giving is buy setup of 15 min chart.. On a daily time frame the stock has completed it 5 way down move and could go up from here.. One can buy at current levels with stop loss around 280 and Targets at 330 / 350 levels..