IRFC : BULLISH due to Inverted & Shoulder

852
  • INVERTED HEAD & SHOULDER -

    the stock formed inverted head and shoulder pattern and broke out of the pattern indicating strong bullish momentum

  • BREAKOUT FROM STRONG SUPPORT-RESISTANCE LEVEL - snapshot
    market has broken out of a very strong resistance level which was tested several times earlier

  • MACD -

    macd line moved above the signal line indicating upward pressure

  • TARGET -

    price will go till 136 level

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