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Munish_Jain
Dec 7, 2023 3:26 PM

IRB | Multiyear breakout Long

IRB INFRASTRUCTURENSE

Description

📊 Details
IRB Infrastructure Developers Ltd is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also in other business segments in the infrastructure sector, including maintenance of roads, construction, airport development and real estate.

Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.

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Comment

Trail SL to 44.8

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Trade closed: target reached

Booked some qty. Holding with TSL

Trade active

Trade closed manually

Exited full for now. Can re enter later
Comments
Namit_26
Don't you think 51pe is huge & company have quite a good debt..still it is a buy?
Munish_Jain
@Namit_26, I don't use fundamentals at all, just using technical analysis
Namit_26
OK thank you:)..so 50 can be seen in short term right?
Munish_Jain
@Namit_26, as per Technical analysis yes.. it does work majority of times
Namit_26
hello brother now what need to be down should we book profit?
Munish_Jain
@Namit_26, I've booked 50% quantity
Namit_26
OK what will be the next target
spiritedSeahor33663
what is TSL you are using ?
Munish_Jain
@spiritedSeahor33663, TSL is 56.4 now
Munish_Jain
@Munish_Jain, Very tricky to decide a tsl in such stocks
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