IRB short trade - Trend Resumption on the short side for IRB
Looks like IRB will resume the fall post the pullback from 120 levels. Looks like the pullback is over, confirmed by the pullback trendline breakdown on Friday - 18-Jan.
Next immediate target looks like 138. Keep a Stop at 155.
Next immediate target looks like 138. Keep a Stop at 155.
Trade closed manually
Close this tradeNote
Small bounce expected. Book Rs 6 profit and close.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.