Short

Infratel Bearish On 2H chart

NSE:INFRATEL

Infratel showing no demand for higher prices on 2H chart and rejecting from higher levels.

Its also tested 21MA and shown good rejection from there too. And now trading well below it.

I will be looking for short this below 203 2H candle closing basis with SL of 218.

This view is for short term (2-3 days) swing trade and intraday.
Bearish PatternsINFRATELMoving AveragesnseTrend AnalysisVolume

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