~~Personal views on IRB INFRA~~
~Neutral on IRB INFRA as long as price remains inside the channel.
~Price is moving in the sideways channel for more than 6 months now. Any move on the upper or lower side will be significant.
~Yesterday gave a close above 200D SMA with good volumes as compared to previous sessions.
~Strong support levels around 100 (Tested Multiple Times).
~Strong resistance around 119 and 128 levels on the higher side.
~A good candidate for medium to long term investment.
~~Do your own analysis before investing~~
~~Feel free to share your views and learning’s~~
~Neutral on IRB INFRA as long as price remains inside the channel.
~Price is moving in the sideways channel for more than 6 months now. Any move on the upper or lower side will be significant.
~Yesterday gave a close above 200D SMA with good volumes as compared to previous sessions.
~Strong support levels around 100 (Tested Multiple Times).
~Strong resistance around 119 and 128 levels on the higher side.
~A good candidate for medium to long term investment.
~~Do your own analysis before investing~~
~~Feel free to share your views and learning’s~~