Long Infratel & short Nifty for Intraday
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The Nifty and Infratel having negative relation each and every time. Hence we recommend to long Infratel at these levels with short call in Nifty futures which might be as per self assessment as we can not show here the chart due to some restrictions. The target and SL recommended in the chart above.
Nota
Trial your SL in Infratel as per your risk apetitite and short nifty here on dubble top near days high of 10350Nota
Still you are in more than 2.5 risk reward in InfratelNota
Nifty 1st possible target 10300Nota
ammend 10308Nota
Nifty 2nd target 10282 if possible.......... trail your SLNota
Infratel profit booked at 227Nota
Both pairs targets achieved in NIfty and Infratel........... congratulation.
Penafian
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