Infra Tel weekly out look , its on correction in the Middle of the Impulsive wave when considered on Monthly basis , this stock will move very fast once it ignites , You can look for reversal near 347 to 340 Zone on smaller time frame and stop on CLB 330 for Target of 537+ , don't miss this , they are about to get 5 G work in UAE/ INDIA , and African Countries ,
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Well My level was tagged exactly , trade active for long , Now time for sit quite until it makes 800+
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So far 347 to 363 , ha ha
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ha ha from 347 to 378
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Further correction is possible till 306/310 the look for possible reversal to go long
But Fibonacci tells closing above 380 is correct time to entry, Just let me if I am wrong
shiv2798
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@Vinitpowar, Vinit here is the lesson , these tools are made to identify the correct possible trade set up , but not necessary they have to happen in the same manner , it means , When price action confirms the Further Bullish momentum then you need to look for entering trade with your trading principal , Without trading principal every trade is risk , Tools are meant to support your analysis ,
Regards
Vinitpowar
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@shiv2798, Ohhh Thank you,but can i know how to identify the trend reversal form 347-350
shiv2798
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@Vinitpowar, Again its in the 1st Message , Your Trading Principal will help you to accept the Up coming set up , and You need to Have education in Understanding how the Market moves with all participants ,
Regards
But Fibonacci tells closing above 380 is correct time to entry, Just let me if I am wrong