IRB - a perfect crossover of 8, 13 and 21 EMA (BUY)Buy only if it crosses above 131.5
TGT 1 - 137
TGT 2 - 144
SL - 122
The move is also supported by the increase in volume
Once the stock crosses above 55 EMA, a huge move can be expected
IRB
IRB INFRASTRUCTURE , Support & Resistance Area I would greatly appreciate , if you give me LIKE .
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Idea is for positional trading not Intraday trading.
Short IRB Infra with SL 133Sell Irb Infra with a SL of 133 and target of 125.1
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IRB short trade - Trend Resumption on the short side for IRBLooks 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.
IRB Investment Pick - AccumulationIRB is in the process of Accumulation
Our buy will be after a test of sellers
SL below the Test Low
Rectangle Pattern The price action has nicely formed Rectangle Pattern it looks that demand is emerging at this level so one can buy the stock with SL of recent low. In case of close below the lower boundaries one should immediately close the trade even aggressive traders can initiate short trade but that does not seems to have good chances of target as there is support nearby.
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
IRB - Bearish HARMONIC PatternHi Traders,
We have spotted a potential harmonic BAT pattern on IRB hourly chart. BAT Pattern isn't yet completed. We will wait for completion of the pattern to get engaged in this trade. Price may take few more days to reach D leg of the pattern. We will keep updating the idea.
If you have any suggestions/queries, please free to comment down below.
Thanks,
Safri
IRB - Consolidation?NSE:IRB may go for consolidation now. Its high in RSI and MACD is showing reversal in trend. Stock has also made a strong bearish engulf today.
CMP 338
Sell below 335
Target 315
Strict SL of 352 and Closing basis SL of 246
IRB - Facing ResistanceIRB is facing resistance and might give a chance to short
Short IRB below 234
Target 222 / 208
SL - 242
IRB Trade Setup for November, Get Ready for a RunwayIRB, stocks lies in Whipsaw region, Giving a nice Trade Setup :
For Long Setup:
Buy Above : 242.50
Target : 259.50
Stop Loss : 237.50
For Short Setup:
Sell Below : 232
Target : 224.50
Stop Loss : 238.50
Trader's Can Delta Out there Options Position for Hedging
IRB Infra bottom pickIRB infra looks like bottoming out, stopped making lower lows. we can see positive RSI divergence and downwards trend line breakout.
Trade set up like will Try to accumulate once its close above 220 in daily chart. then will see that stock will start to trade above 200 Day moving average. long term target for 270+ by keeping stop loss close below 203.
IRB Infra viewMACD cut and the Stochastic in over sold region will help to price move up.
Target range is 218-220.
if it breaks above 220 on closing basis, further move up to 227,234.
(see like this SREI infra view on yesterday posted, today hit 5% profit)
Vijay,
INDITRADE, Kovilpatti.
IRB: From Highway Star to Stuck in a momentIRB Infra
CMP 228
Observation
- Story between Jan 2014 to June 2014
The lyrics of the song Highway Star by Deep Purple sums it up perfectly...
Nobody gonna take my car
I'm gonna race it to the ground
Nobody gonna beat my car
It's gonna break the speed of sound
Oooh it's a killing machine
It's got everything
Like a driving power big fat tires
And everything
I love it and I need it
I bleed it
Yeah it's a wild hurricane
Alright hold tight
I'm a highway star
- the stock zoomed 4 times yes that's right 4 times from 67 to 275 in 6 months
- however story since then...
Stuck in a moment by U2 summarises the scenario perfectly
You've got to get yourself together
You've got stuck in a moment
And now you can't get out of it
Don't say that later will be better
Now you're stuck in a moment
And you can't get out of it
it has been just sideways between 200-266 roughly for 3 years now
Its like driving from Pune to Panvel on Express way you reach in 60 mins and then driving from Panvel to Mumbai... stuck in city traffic for 3 hrs... :-(
Coming back to charts do keep a close eye on the stock
Closer to 220 or in the range of 205-212 the stock looks good to go long from Risk:Reward ratio perspective
- target 260-266 zone initially
-and as & when the stock gives a weekly close above 275 it might spice things up and we might see the stock again on the highway road accelerating towards 450 zone
Review your trading plan and plan your trade accordingly...
Take care & happy investing...!!!
IRB - BreakoutIRB has broken out of falling Trend line with Volumes.
RSI (14) has also broken out of falling Trend line.
Price seems to be heading to newer highs.
Target 1: 290
Target 2: 315
Stoploss: 250
IRB INFRA short term BreakoutIRB INFRA is a short term BO at 240, stock is near trend line support add for target 253/263 Stop loss 234.
IRB Good Buying Opportunity!!IRB is giving a good buy setup on the weekly charts. After consolidating for a long time IRB is breaking out. Its a nice risk reward trade.. Buy & Hold IRB for a target of around 350 wil Stoploss of 200.
Happy Trading!!
