Buy Ircon for short term and get some decent profit upto to 5-10%
Stock seems to be in bullish momentum and it forms a expanding channel pattern. Rt. now stock is at a support level. Wait for stock to rebound to the pattern and keep the previous high as 1st target. Volume seems to be depreciating. Just wait for next trading session to happen and conform the reversal.
Breakout soon to happen if its breaks out the triangle pattern with a good volume. If it breakdown 42 will the support zone. if it give positive breakout in 55...it will rise up.
Early Breakout Soon Stock. Do your analysis and enter after the breakout conformation
If it breaks the pattern and resistance channel, it may give some breakout.
It has given a positive breakout with a huge volume. Traders could go long if the volume sustains in consecutive week first day(Monday) for conformation.
It has been forming a perfect channel from last year Oct and now trading by forming a support line by breaking the resistance..If it breaks the channel it may give a good up move.