IRB intraday trade idea for 6th July#irb entry and exit levels on the chart (refer black/blue lines). Place SL@1% of the entry price. Zones (in pink/orange) are the places where it's unsafe to enter.
IRB trade ideas
IRB Multiple breakout confirmationStock : #IRB
Logic : Breakout
Buy Option 1 : Buy @ 172 to 175. (Low Risk)
Buy Option 2 : buy between 150 to 156 (Moderate Risk)
Target: 249 and 272. Or you can exit with 5 to 15% profit
Risk : Medium
Duration : Medium
Breakout Confirmation : Weekly Closing 172
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
IRB ready to flyReason for trade:
Breakout after some good consolidation.
MACD trend positive.
Low-Risk Reward Ratio.
Irb Infrastructure Developers Ltd ShortA divergence is seen between RSI and price , with RSI showing a downturn and price going higher. Expect some correction. But the long term view is bullish as is evident by long period of consolidation and increase in volume.Also RSI jas been around 80.
Do let me know what u think ?
IRB INFRA - Investment StockSustaining 130 - 133 will make the price to move towards 142, 154, 162 and 178. Duration : 6 months.
Note : Consult your financial advisor before investing.
watch for a break out beyond 140levels of fib marked on the chart.. some big upmoves possible as it moves beyond 200 MA on Weekly chart as well and also clears some static resistance from previous pivot highs.
IRBNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
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3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
IRB INFRASTRUCTUREOpening Price 124.95 on 9th June 2021
If 129.4 Broken then 134 can be seen in an intraday trade.
Stop Loss - 125
This study is for only educational purpose. Make your own decision for taking a trade
IRB #StockMarket #StockToWatch IRB Expected target +200...
Strong Financials...good volumes and also Theme play now...
Leading MF good buying ...
IRB ( FOR INTRDAY IN 1- JUNE-2021)ALL level is given in chart
for conformation of entry :
see the candles close above 115.15
and take entry with proper stop loss
target is given
Disclamer :
for education purpose
take your decision at your own risk
IRB 1D~~Personal views on IRB INFRA~~
~Neutral on IRB INFRA as long as price remains inside the channel.
~Price is moving in the sideways channel for more than 6 months now. Any move on the upper or lower side will be significant.
~Yesterday gave a close above 200D SMA with good volumes as compared to previous sessions.
~Strong support levels around 100 (Tested Multiple Times).
~Strong resistance around 119 and 128 levels on the higher side.
~A good candidate for medium to long term investment.
~~Do your own analysis before investing~~
~~Feel free to share your views and learning’s~~
Can buy if break above channel, Already broken one trend line and creating channel, now have to break another one, if breaks above the channel with high volume, can buy this
IRB | Taking trendline support, looks good for wedge breakoutIRB | Taking trendline support, looks good for wedge breakout. Similar to ABFRL setup. Can see 20% when things goes as expected
CMP : 109
SL : 103
Target : 130, 135
1:4+ risk reward setup
Flag patternAfter long consolidation , so it can give good returns in short term with good risk reward
