IRBb Infra Cmp 60.31 H&S PatternIRBb Infra Cmp 60.31 dated 3-1-2025
1. H&S Patten BO above 61
Buy above 61 SL 57 target 62-63-64-65-66-67-68-69-70-72-74-76
It is just a view, please trade at your own risk.
IRB trade ideas
Breakout Stock/Reversal Trade- IRB Infra Dev Ltd (NSE: IRB) Breakout Stock/Reversal Trade- IRB Infra Dev Ltd (NSE: IRB)
Current Price: ₹60.15 (+1.02%)
Volume: 18.14M
1. Pattern Analysis
- Cup and Handle Pattern (3 Months)
- The chart shows a Cup and Handle Pattern forming over the past 3 months, a bullish continuation setup.
- The cup represents a rounded consolidation, while the handle is a brief pullback before the price approaches the resistance at ₹60.
2. Volume Analysis
- Current Volume:
- The stock traded 18.14M shares, a significant increase in volume compared to previous sessions, indicating strong buyer interest.
- Breakout Potential:
- A further volume surge beyond the breakout level of ₹60 will confirm the Cup and Handle breakout.
3. Price Action and Observations
- The price has rallied sharply from the handle’s low near ₹54 and is now testing the ₹60 resistance zone, which aligns with the cup’s neckline.
- Sustained buying pressure above ₹60 will confirm the pattern and indicate the start of a bullish trend.
4. Key Levels to Watch
- Resistance:
- ₹60: The key breakout level and the cup’s neckline.
- ₹66: The next resistance level after a successful breakout.
- Support:
- ₹54: The base of the handle, acting as a strong support zone.
5. Trade Setup
- Entry:
- Consider entering the trade if the stock closes above ₹60 with strong volume.
- Add Alert: Set an alert at ₹60 to act promptly upon breakout confirmation.
- Stop Loss:
- Place a stop loss at ₹54, below the handle’s low, to manage downside risk.
- Target:
- Short-Term: ₹66 (next resistance level).
- Medium-Term: ₹72 (measured move from the Cup and Handle height).
6. Volume and Breakout Potential
- A volume spike above ₹60 will confirm strong buyer participation and validate the breakout.
- The sharp increase in volume during the recent rally adds confidence to the bullish setup.
7. Long-Term Outlook
- The Cup and Handle Pattern signals a bullish continuation of the prior uptrend, with significant upside potential if the breakout sustains.
- A move above ₹60 will likely attract further momentum, pushing the stock toward higher resistance levels at ₹66 and ₹72.
#Trading #Investing #Stocks #TechnicalAnalysis
Turning Bullish: IRB Infra Developers Ltd.IRB Infra Developers Ltd. has given a breakout recently with strong volume.
It has been trading in a Box pattern since Oct 2024 with support and resistance of 54 and 61, respectively.
20 EMA (Black line) is just above the 50 EMA (Orange line), indicating the momentum in the stock price.
However, the box pattern has to be decisively broken in the weekly chart to confirm the bullishness.
Resistance levels: 61, 66, 72, 76
Support levels: 54, 50
IRB Infrastructure Developers LtdIRB Infrastructure Developers Ltd
Buy Above 51.50 Stop Loss 34 Long Term Target 80+
After 13 years of range bound movement Stock Given Breakout on 35.00 on Sep 2023 and Given 120% rally. After Made High of 78.05 Stock Corrected 40% from high & now trading on 51.00 Above 0.618-49.91 Fibonacci level. Short term View is negative but if stock cross 54.00 swing high there are Heavy chances of trend reversal and Stock will show 62 - 78+ Levels again. RSI Below 40 indicated Stock in Oversold position. Stock Trading Above 200MA – 38 & 100MA 48 .
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.
IRB Infra - Feb Retracement Trade SetupIRB Infra - A strong setup basis Feb Retracement for IRB Infra.
The stock has been moving in the accumulation phase. If the price falls below the level, there is another major imbalance which market can aim to fill for IRB.
Its a long term upward price movement trade setup.
IRB Trading within Tested Demand Zone of ₹51 to ₹49.3IRB is currently trading at ₹51.07, positioned within a tested demand zone spanning from ₹51 to ₹49.3, initially formed on January 29, 2024. This established support range may offer potential entry points for investors seeking a possible price rebound or continuation in upward trend momentum. Monitoring price movements near this level could provide strategic buy signals.
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.
Turning Bullish: IRB InfraIRB Infra has shown price strength recently.
Both RSI and Volume are increasing gradually.
It has strong support around 60.
Resistance is placed around 70, 75.
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 Infra ConsolidationNSE:IRB has consolidated very well and is likely to give a breakout soon. Keep this one on radar. Beautiful chart structure and good range bound movement.
IRB Infrastructure Developers LtdCurrent Market Price : 68.01 Rupees
Targe at : 72 Rupees
Stop loss at: 63 Rupees
Profit potential : around 5 Percentage
Stop loss : around 7.5 Percentage
Breakout Stock: IRB Infrastructure
Nearest Resistance: 78 levels
Support: 63 levels
A short-term target of around 13% possible
Mid Range Momentum - Stock is Mid Range compared to Short, Medium and Long Term Moving Averages
Fundamental are nor so great.
Exercise caution when investing in this kind of stocks
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#IRB going to hit century .... #IRB about fo fly
-on the verge of ascending triangle breakout
-volume build up
-candles sustains above monthly CPR
IRB will going to shok everyone be ready IRB infrastructure is holding
1- flag pattern
2- monthly range breakout
3- Daily tripple top
4- Near by supply zone
can also break his fab. points and give a super upper side spike
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 Breakout Alert: Ready to Surge Above INR 72!Hello TradingView Community,
Get ready for an exciting breakout opportunity in IRB Infrastructure Developers Ltd! With the current stock price at INR 68, IRB is on the brink of a significant breakout above INR 72. Here’s why you should keep this stock on your radar:
🔍 Technical Analysis:
Current Price: INR 68
Breakout Level: INR 72
Volume: Increasing steadily, indicating growing interest and accumulation.
Key Indicators:
RSI (Relative Strength Index): Approaching bullish territory, suggesting momentum buildup.
MACD (Moving Average Convergence Divergence): Positive crossover, signaling potential for upward movement.
Support Levels: Strong support around INR 65, providing a safety net for the current price action.
IRB Breakout Chart
📈 Fundamental Analysis:
IRB Infrastructure Developers Ltd, a key player in the infrastructure sector, shows promising growth indicators:
Revenue Growth: Consistent quarterly revenue growth, driven by robust project execution and new order wins.
Profit Margins: Improved operational efficiency resulting in better profit margins.
Sector Outlook: The infrastructure sector is poised for growth with increased government spending on road and highway projects.
💡 Why This Matters:
Breakout Potential: A breakout above INR 72 could trigger a strong rally, providing lucrative opportunities for traders and investors.
Bullish Sentiment: Technical indicators and increasing volume suggest strong bullish sentiment and potential for substantial gains.
🚀 Conclusion:
IRB is on the verge of a major breakout. With the current price at INR 68 and a breakout level at INR 72, this stock offers a compelling opportunity. Keep an eye on this one!
📢 Call to Action:
Watchlist: Add IRB to your watchlist to catch the breakout.
Discussion: Share your thoughts and analysis in the comments below. Let’s explore this opportunity together!
Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Trading stocks involves risks, and you should conduct your own research before making any investment decisions.
IRB Ready for 50% moveIRB After IPO Pattern BO now givinh INHS Pattern BO and will be given 50% move come on get ready
Getting ready for ATHSetting up nicely
IRB
+ Nice Volume Build up
+ Trading above Key EMAs
+ Good Prior uptrend
Cup & Handle PatternCup & Handle Pattern📊
IRB
+ Volatility & Volume Contraciton in progress
+Trading above key EMAs
4 Swing trading ideas and Index ideas for 8 April Markets I daily make educational content videos for swing / positional trading
IRB | SHORT-TERM IRB
CMP :-50
Try Accumulating till 47
Safe Buy Above 51
Upside Potential expected :- 53/55/57+
This is not a buy and sell recommendation, do your own research and invest.
