Long IRFC for target of 28- 30 (Long Term)

Sandeepk31 Updated   
Forming patterns on monthly charts and can go long with SL of 19.30 on closing basis.
First Target (Point B) is completed.
Trade active:
First target Point B is achieved
Trade active:
Target C Rs 27 is achieved.

Now next major target 29-30 .... there are multiple small target in between.
Trade active:
2nd target achieved.
3rd target missed by 5 paise.
Next target 30 and if it closed above 30 on monthly basis then new target of 36 after some retracement.

In near term little correction in stock post dividend may be possible.
Trade active:
Third target of 28.70 hit... need to sustain and close above this to achieve next target
Trade closed: target reached:
Final target 30+ reached. If it closes above 30 this month then we can see new breakout targets of 36-45
Happy trading!
Retailers be cautious now on this stock. The stock has been taken over by operators since last 2 session. Invest wisely and keep booking some profit. Especially who bought this stock at higher level.
The budget is near.
Told you all book some profit due to operators active on this stock. Now whoever is stuck at higher price wait for few months to bounce back.


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