The stock needs to give a weekly close above 278-282 on closing basis for the stock to see further strength to come over the coming weeks. Can it give that close tomorrow? Let's see!
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...
