INFIBEAM AVENUES LTD
Long

INFIBEAM AVENUE getting ready for upmove above Rs. 33.30

INFIBEAM AVENUE getting ready for upmove above Rs. 33.30. After breakout from Rs. 25 to 42 level it has consolidated and now formed a base. Going by the volume pattern it seems that distribution phaseis almost overnow. Once it breaks out Rs. 33.3 level we will get the first target of 39 in short term and second target of Rs 49 in mediam term. Keep it on watch.

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