balaji_damo

IRB Fundamental long and technical short

Long
balaji_damo Updated   
NSE:IRB   IRB INFRASTRUCTURE
IRB has some fundamental news of Government implementing BHARATMALA program which might trigger a breakout for longterm.

For short term the stock is showing resistance and will retrace a bit.

Trade as per the chart set up with SL

For Long
Entry above 243
SL 234
Target - 250 260 270

For short
Entry below 234
SL 243
Target 225 212
Trade active:
Long trade active TSL at 245
Comment:
Equity TSL at entry
Comment:
TSL hit. we can wait for rentry
Trade active
Comment:
T1 reached today
Trade closed manually:
Long trade closed with TSL
Trade active:
Short trade active T1 225 reached
Trade closed: target reached

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