Sell SREI Infra; stop loss 36.90: Mitesh Thacker
"This could start a downtrend which could be in place for sometime to come. 32 to 31 would be the price targets I would look for over here."
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| Updated: Mitesh Thacker, Technical Analyst, miteshthacker.com in an interview with ET Now talks about SREI Infra.
What is your call on SREI Infra?
I have a sell call on SREI Infra, this stock was down about 5%. With that event, it has broken below 36 which is what something which I had mentioned on Friday. So this could start a downtrend which could be in place for sometime to come. 32 to 31 would be the price targets I would look for over here and 36.90 should be the stop loss.
What is your call on SREI Infra?
I have a sell call on SREI Infra, this stock was down about 5%. With that event, it has broken below 36 which is what something which I had mentioned on Friday. So this could start a downtrend which could be in place for sometime to come. 32 to 31 would be the price targets I would look for over here and 36.90 should be the stop loss.
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