IRB Infra - Daily Charts
Stock is near Support Zone of 217-219 levels on Daily Charts and faces resistance @ 228-230 levels.
However on Weekly Charts its forming Descending Triangle Pattern, with strong support @ 205 levels and resistance @ 258-260 levels.
One can short IRB Sep 200 PE, which is currently @ 1.2 levels for expiry or IRB Sep 210 PE @ 3.4, for few weeks.
Weekly Charts -
However on Weekly Charts its forming Descending Triangle Pattern, with strong support @ 205 levels and resistance @ 258-260 levels.
One can short IRB Sep 200 PE, which is currently @ 1.2 levels for expiry or IRB Sep 210 PE @ 3.4, for few weeks.
Weekly Charts -
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