BombayBulls
Long

IRB Infrastructure - Technical Analysis - 5/12/2016

NSE:IRB   IRB INFRASTRUCTURE INR10
38 0 1
After a huge up move in the first half of 2015, IRB             Infrastructure has spent rest of the time consolidating in flag like pattern, roughly between Rs             . 200 and 280. Of course it's difficult to pick long term direction for a stock with such explosive volatility exhibiting trips from 60 to 300, twice in last few years.
To trade IRB             Infrastructure, it requires patience to get involve only at the right levels. Looking at the behavioral patter of the stock , it is obvious that there are lots of roughly 40 points overlap while moving in each direction. As of now, buying levels are 200 and 180, with targets being 240, 260 and 280. Play within the range until any side gives up !
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out