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santhu404
Sep 17, 2017 3:04 AM

IRB Infra bottom pick Long

IRB INFRASTRUCTURENSE

Description

IRB infra looks like bottoming out, stopped making lower lows. we can see positive RSI divergence and downwards trend line breakout.
Trade set up like will Try to accumulate once its close above 220 in daily chart. then will see that stock will start to trade above 200 Day moving average. long term target for 270+ by keeping stop loss close below 203.

Trade active

Moving towards expected trend
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