Keep an eye for IFCI to break this falling trend line on a monthly chart. It could be a slow burn . Just keep an eye and only enter if the price closes above the trend line on a daily chart.
@bardevolved, its a break out on a monthly chart.. It shows a breakout of a falling trend line. The reversal will be gradual but long term..A move towards 200 day moving average of 25 + looks possible in medium to long term.