champtrade111

IRB INFRASTRUCTURE ---TRENDLINE BREAKOUT

Long
champtrade111 Updated   
NSE:IRB   IRB INFRASTRUCTURE
IRB INFRA - BULLISH - TRENDLINE BREAKOUT DAILY CHART

1. IRB INFRA seen Resistance Breakout Last closing daily candle

2. Trendline breakout seen on chart

3. Bullish upper channel higher high formation

4. MA EMA bullish crossover seen on chart

5. technical indicators bullish

6. RSI daily Chart above 60 MACD bullish



BUY IRB INFRA above 251

TARGET 280-300 ( Short Term- 2 Month)

stop loss 210

** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !

HAPPY TRAIDNG !










Comment:
260 is nearest resistance of IRB INFRA crossing this will move to 280 -300 . AS PER TRADE SETUP. ! (1-2) month.
Comment:
on intraday basis irb infra around 257 level makes double top formation on chart
at hiting double top stock tend to fall ..so we have seen fall from 257 level ..its intraday fall . daily chart is bullish we can see upmove in next few session. !
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