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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.

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