Stocks to Watch For Monday- CapitalHeight INFRATEL

CapitalHeight

The stock price of INFRATELfuture bounced back from 61.80% retracement level on its daily chart. Volume also confirms a trend reversal and resumption of the bullish trend. MACD is also indicating towards bullish movement in upcoming sessions.On the weekly charts of INFRATELtook a support and bounced back.

Moreover, RSI turned upwards after forming positive reversal suggesting higher levels in the coming trading sessions. INFRATEL future may be bought in the range of Rs 262.5-262.70 for targets of Rs 268.5-269, keeping a stop loss below Rs 257.5- 257.30.

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