Neat Clean Clear breakout in Infra stock IRB . This stock has strength for a good upward move . Longs can be initiate with given SL and Targets and we can also see a good increasing in volume.
IRB Infra gives symmetrical triangle pattern breakout and retest trendline. lows are continuously moving higher. now it gives breakout also volume increase in daily timeframe. stock have potential to give 15%-20% return in short term. Current Price = 28.30 1st Target = 33.60 2nd Target = 33 3rd Target = 35 Stop Loss = 27 (Weekly basis closing).
BUY - IRB INFRASTRUCTURE CMP - Rs. 28 Target - 1: Rs. 35 Target - 2: Rs. 43 Target - 3: Rs. 49 . Timeframe - 4-12 months . Technicals - Trendline Breakout . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
-- chart looks positive for long term --target are given according to fib --risk involved below 21 --IRB infra has good growth in previous last years --breakout target 35 Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest...
--The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend reversal may occur. --Double bottom support
IRB INFRA looking good for a quick short term 10-15% upmove. With 1 : 1.5 Risk reward. Entry - Above 29 Target - 34 SL - 25.80 Study the stock & Trade responsibly.
IRB INFRA looking bullish one can place stoploss at 28 for the TGT of 35
DISCLAIMER:- Equity investment and trading are subject to 100% market risks. I am not a SEBI registered analyst, please consult your financial advisor before investing. This is for educational and learning purposes only. ADMINISTRATOR IS NOT RESPONSIBLE FOR YOUR DECISION AND FINANCIAL LOSSES. Stock market investments are very risky and by being a part of this...
BUY - IRB INFRASTRUCTURE CMP - Rs. 26 Target - 1: Rs. 34 Target - 2: Rs. 40 Target - 3: Rs. 58 . . 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. . . ...
One 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...
Short term pick......IRB-----CMP 290, SL 275 for T1 305 & T2 320 subject to market conditions. For study purpose only.
The stock gave a monthly breakout last month and is looking strong for upmove now. One can buy at CMP for positional 10-15% gains. Positional targets are 345 and 380. Learn & Earn, Dr. Tanya Kumar
Soon it will come back for retest as support so be ready for target 418
30 minute chart for Intrday trade Line of action on yellow line..
12 Years #Multiyear #Breakout at #IRB (IRB Infrastructure Developers Ltd) Weekly Chart. Its #Outperformed #Nifty. BSE: 532947 NSE : IRB ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop...
IRB seems to have given breakout of the 1 year trendline around 250-260 levels with good buying volume. We can look at target of previous swing high of 320 levels.