Skip to main content

Trade 7: INFRATEL

 Buy INFRATEL 

BUY = 180

STOP = 173

TARGET = 200



Daily chart of INFRATEL

Why INFRATEL is a buy?

For about the last 10 to 12 trading days, this stock has witnessed some selling pressure.

But the price level of 175 is a good short term support on the daily chart. 


This level can be a short term reversal zone.

Hence, this stock is a buy at 180 with a stop of 173 and a target of 200.

Comments

Post a Comment

Popular posts from this blog

Trade 4: CSBBANK

 Buy CSBBANK with a stop of 220 BUY = 255 STOP = 220 TARGET 1 = 300, TARGET 2 = 330+ Daily Chart of CSBBANK Why CSBBANK is a buy? This stock was trading in the range of 215 to 235 since mid-August, 2020. On November 6, this stock closed at 255. Thereby giving a breakout.  This breakout is backed by a solid consolidation of about 3 months. This stock can be expected to touch a level of 300. At the level of 300, it may further consolidate before moving again upward. Our second target is 330+.
Post a Comment
Read more

Trade 12: CARERATING

Buy CARERATING Buy = 530 Target = 700 stop loss = 480 1 Day chart of Carerating  Why carerating is a buy? The stock is consolidating for the last 30 days. the price level of around 530 is a critical price zone. once, it breaks the level of 560, the next target maybe 700. overall, based on other parameters, this stock is a good buy with a pre-defined stop of 480.
Post a Comment
Read more

Trade_2_2024: Bhagyangr

 Stock Ticker = Bhagyangr Buy Range = 100 - 105 Stoploss = will average after confirmation*.  Why I will average instead of SL? - fundamentally good stock - This is in copper sector. Good demand in coming quarters of copper  Chart of Bhagyangr
Post a Comment
Read more