IT SEEMS THIS HAS BECOME A TREND, THAT A SHARE FALLS FOR THREE CONSECUTIVE DAYS WITH HUGE VOLUMES & PRICES AND THEN RECOVERS ON THE FOURTH DAY.
THIS IS BECAUSE THE FUNDAMENTAL OF THIS COMPANY IS GOOD. AND, THE MERGER REVENUES SHOULD START COMING IN THE COMING PERIOD.
BHARTI AIRTEL IS GOING WITH NEW PLANS AND SHOULD GENERATE BUSINESS FOR INFRATEL.
IT IS BETTER...
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...