IRB Trading Within Fresh Demand ZoneIRB is currently trading at ₹47.76, situated within its demand zone between ₹48.25 and ₹46.65, established on 20th January 2024. This fresh zone has not been tested, indicating the possibility of buying interest at these levels. Investors may watch for support within this range, which could lead to a potential bounce-back opportunity.
Irbinfra
IRB After Giving Great Runup attempting to take supportNSE:IRB after giving great runup attempting to take support at 200 EMA with somewhat good volumes.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
IRB INFRA IS GOING TO BLAST!!!IRB INFRA Toll Revenue for the month of June 2024 rises 35% Y-o-Y. More than 34000 cr order book having currently.
Currently IRB Infra moving within a range between 61 to 79. Any side it break give 25% return on breakout.
With a mind long term view at current level is good opportunity to buy near to support level as shown in chart for a target 1 is 80 and then target -2 is 100.
Short term - there is chances to break lower level as market conditions is not doing well.
But once think, 5% increase in toll charges current year and show 32% return in first quarter and in remaining quarter if such performance is there then it will boost the share price may be 150 too.
IRB Infrastructure Investing LevelIRB Infrastructure stock has successfully shattered a two-year-old trendline, setting the stage for a potential surge towards the 150 level. I've also outlined a secure target, with all pertinent levels detailed on the chart. The future of IRB Infrastructure appears promising with this breakout, presenting an optimistic outlook for potential gains.
IRB INFRASTRUCTURE - Swing Trade Analysis - 7th April #stocksIRB INFRASTRUCTURE (1D TF) - Swing Trade Analysis given on 7th April, 2024
Pattern: SYMMETRICAL TRIANGLE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - Done ✓
#IRB #INFRA #NIFTYINFRA
IRB | Multiyear breakout📊 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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IRB INFRAAfter a rock solid move in IRB INFRA now the stock is at the crucial area, If it sustain above 38.6 we can see another target between 45-50. It can also turn into a multi-bagger. Keep your quantity limited or what you can easily HOLD.
NOTE: This is my view and one should do the analysis before taking any posiiton.
IRB INFRASTRUCTURE - BULLISH MOMENTUM!!BUY - IRB INFRASTRUCTURE
CMP - Rs. 26
Target - 1: Rs. 34
Target - 2: Rs. 40
Target - 3: Rs. 58
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Technical - 1) Flat Base Pattern.
2) High Volumes in previous trading sessions indicating potential breakout.
3) Double Bottom chart pattern.
4) Positive breakout at first resistance, LTP>R1.
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Fundamentals -
a) The Highway construction company has recorded toll collection at Rs. 369.9 crore for the month of March 2023, growing 20.6% over toll collection in the same month, last year.
b) Quarterly EPS has been consistently rising.
c) PE = 21 < SECTOR PE = 33
d) Number of MF schemes have risen from 6 to 8 in December 2022 quarter.
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Comment:
a) Minimum Return - 28%
b) Maximum Return - 116%
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This is only an educational idea. I am not SEBI registered, so don't accept this as investment advice.
As with any trade, always look first, then leap.
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IRB INFRA Inside Bar formationOne can look at a short term positional trade in IRB infra..forming an inside bar candle pattern, where the & high & low of the red candle are within the body of green parent candle, volumes for red candle are low...enter either on BO, after crosses high of the green candle or at CMP with SL at the low of the green parent candle..Disc; Invested from lower levels for medium term
IRB INFRA - Breakout Trading with multiple confirmation - SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
IRB Infrastructure AnalysisHello everyone!
We say market will be strong in coming days when most of stocks start looking strong on chart, one such chart is of IRB infrastructure. In IRB infrastructure we will do monthly-weekly-daily chart analysis and look at smaller time chart like 1hr and 15min to find out our entry.
Monthly : Stock is testing its 12 year long trendline and also Cup & Handle formation is in process.
Weekly : Stock is consolidating in a triangle pattern of which, trendline is already being tested thrice.
Daily : Reverse head and shoulder formation in process(breakout is pending).
From monthly Cup & handle we get a target of about 500, but that is possible only when it give monthly candle closing above its 12 year long and strong monthly trendline which we can see when its weekly trendline is broken (as target for triangle pattern breakout is highest point of the triangle i.e.,320). Looking at the head and shoulder of daily chart, once it is broken we can expect a target equivalent to its head length i.e., 290 which will result in weekly trendline breakout. So summarizing all we can expect a target of 500 once in daily chart head and shoulder will be broken out.
Now we will look in smaller time frame to find out if we are getting ang sign of strength in this stock.
In hourly chart stock has taken support at its six days trendline and RSI is also consolidating near 40 from past 10 sessions. If we further zoom in we can see that in today's session(5th Nov) in last 15 min it has given breakout from a Cup & Handle, which is further confirming the strength.
I am also considering this stock since now we are getting a very good risk to reward as SL will be below 15 min Cup & Handle, which is only 4%.
NOTE : It is not for sure that once it will give breakout from reverse head and shoulder in daily chart it will go up to 500(it only indicates to go up to 290), but since we are entering at a very reasonable place we can hold it for that by trailing our SL(how to do that we will discuss on some other thread) or we can book our profit partially at 290(daily breakout target), 320(weekly breakout target) and hold rest for 500(monthly breakout target).
THANKS!
Target 3 (134%) achieved in IRB Infrastructure. Target 4 is ON..This is follow-up on IRB Infrastructure Developers. Can check link to related ideas.
Target 3 achieved. More than 134%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 2 (85%) achieved in IRB Infrastructure. Target 3 is ON...This is follow-up on IRB Infrastructure Developers. Can check link to related ideas.
Target 2 achieved. More than 85%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 1 (64%) achieved in IRB Infrastructure. Target 2 is ON...This is follow-up on IRB Infrastructure Developers. Can check link to related ideas.
Target 1 achieved. More than 64%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ready to Fly (Possible breakout in Irb Infrastructure Developer)Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Possible breakout above yellow line.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.