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Breakout in IRCON International

Long
IRCON INTERNATIONA (NSE:IRCON)  
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NSE:IRCON   IRCON INTERNATIONA
Support and Resistance breakout
6
0
supportandresistance breakout
Stock Analysis
  1. IRCON has broken out after its January high and is now taking a brief pause.
  2. A rounding bottom formation is evident on the chart.
  3. Volume is increasing with price appreciation, indicating strong buying interest.
  4. The stock has significant upside potential.

Trading Strategy
  • Target and Stop Loss: Follow the levels mentioned on the chart.
  • Potential: The stock is poised for further gains.

Consider this setup for a potential profitable trade. Stay alert and trade wisely!







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