IRB INFRA buy setup

Buy IRB at CMP (220+)

T1: 275
T2: 298
T3: 360

SL: 192
Trade closed: target reached: .
T1: 275 achieved
Trade active: Massive 25% (1st target) move in just 8 trading sessions!


Stock in Deep Consolidation...Capital will got stuck or in Risk ...have to breakout at least swing high to be ready for rally otherwise final support line of 180-186 is also good to enter minimizing Risk to Reward ration and even weak financial result not supported....Please Check
+1 Reply
k314 Sachin_Ghodke
@Sachin_Ghodke, I appreciate your view sir. I am entering at the levels mentioned as the risk is small as per my analysis.
Ultimately only market is right and I will exit at my SL just in case market proves my analysis is wrong.
@k314, genuine answer....good focused trader who stick his trade plan..GBU his grace and Love
+1 Reply
k314 Sachin_Ghodke
@Sachin_Ghodke, I hope market has answered everything :)
@k314, ITs Very Good... Appreciated your worship ... Keep
+1 Reply
don, t you think your target are too muxh aggressive, please jput forward your viiews
+1 Reply
k314 nalinakshi
@nalinakshi, The analysis is based on weekly chart and first two targets projected as very modest compared to the third one. Usually the broadening pattern breakout movements are very aggressive. Hence the 3rd and final target is a big one and we will be trailing our SL accordingly
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