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KedJosh

IRB short trade - Trend Resumption on the short side for IRB

Short
IRB INFRASTRUCTURE DEVELOPERS (BSE:IRB)  
KedJosh Updated   
BSE:IRB   IRB INFRASTRUCTURE DEVELOPERS
Trend Lines IRB
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trendline 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.
Trade closed manually:
Close this trade
Comment:
Small bounce expected. Book Rs 6 profit and close.
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