Looks so good on Charts.
Cup & Handle pattern.
Good for Short term.
Target 88 ,112 .
Do Like ,Comment , Follow for regular Updates...
Keep Learning ,Keep Earning...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Is anyone aware of what is causing the recent price action in IRB on the NSE?
The stock seems to be breaking out with significant volume against a multi-year resistance level.
Despite the lack of alignment between fundamentals and technicals at the moment,
Speculating - could it potentially become a multi-bagger after crossing 7X from the bottom?
Any...
STRONG SUPPLY ZONE BREAKOUT
- Strong BO Candidate
- Big Range Accumulation
- Strong Bullish Momentum
- Trading All Time High
- Strong HH-HL Trend
- Massive Volume Buildup
- Looks Ready For 40,45,50+
- Hold 4 to 5 Months
Entered at 35
Targets - 40,50,60,80+
1st Target Completed with in 2 months 23% returns & going
CMP - 41.55
Re-entry possible at 40 level ...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
