Idea#5 Opportunity in SRE INFRA

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SRE Infra is in downtrend and has been slipped ~55% from last year. Company has posted awesome result this month only and also its subsidiary(SREI' Equipment Finance (SEFL)) is going to list on NSE, SEBI has already provided observation letter to company.
SRE Infra is trending near to its trend line and also in oversold zone as per RSI.
Below are the stats for your consideration:
Buy Side Stats:
CMP: 42.15
Make a long position above 42 with the SL of 41
Short Side Stats:
CMP: 42.15
Make a short position below 41 with the SL of 42
My only motive is to give smallest SL, you can keep your target as per your wish. However, please trade with strict SL.
Dagangan aktif
Still following the trend line, keep a close watch
Dagangan aktif
Keep a close watch.
Dagangan aktif
Trend line has been breached, so it could be down from here. Please keep above advised level in mind
Dagangan ditutup: sasaran tercapai
What a downfall... Closing the trading with the great profit. Closed 17% down
Chart PatternsSREINFRATrend Analysis

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