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Closing above 255.5 will take it to 260,270 with sl 50SMA(Closing)
RR is 1:1.7
may rise upt 322 SL below 292 (closing basis)
buying good for long term investment
INFRATEL has formed falling wedge pattern on weekly chart. Long looks only when upside breakout happens.
Infratel on daily chart has created double bottom pattern and has broken the neckline with heavy volume. Bulls may enjoy the party till 370.