srikartiram

IRB | Simple breakout - 15% potential opportunity

Long
NSE:IRB   IRB INFRASTRUCTURE
IRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.

CMP : 120
SL : 116
Target : 138

Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always average less than the previous position size)
Comment: Weekly time frame, promising for strong support / demand zone at 100-105 levels.

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