Showing posts with label RelInfra. Show all posts
Showing posts with label RelInfra. Show all posts

Sunday, December 2, 2012

RELINFRA - High Beta High Return Stock

RELINFRA

A stock which has a habit of giving good return in a very short span of time, just need to enter at the opportune moment to take advantage of the same.


Monthly Value Areas: VAH-489, POC-475, VAL-460

Based on the above chart pattern, any close above 490 could trigger an 80% towards 516 and 542 within a short span of 10-15 days. The Stop Loss for the same comes around 478 on hourly closing basis.
(Disclaimer: This stock is not for the weak hearted)