IRB Infrastructure Developers on a weekly chart stock price at Rs.230.50 has
given a breakout of symmetrical triangle pattern at Rs. 222.50 level, indicate
rally will continue towards Rs. 248 level. Momentum oscillator MACD on a daily
chart, started moving northward, which add more bullishness for the stock
price.
Trader
or investor can accumulate for the target of Rs. 248 level, with Rs. 222 stop
loss on closing basis.
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