INFRATEL has triangle pattern with good volume in breakout . Sellers are very aggressive and it has negative breakout. i am expecting to go price further low. i create short position.
INFRATEL – Triangle Pattern- Bearish
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Stock Analysis
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Bullish View
Bearish View
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Here the weakness is confirmed by the volume. But the triangle is reliable only when both buyer and seller we’re aggressive during the pattern formation..
The bottom were not getting higher during the construction time..
yes sir. u r right. thank u.