IRB short trade - Trend Resumption on the short side for IRB
已更新
Looks like IRB will resume the fall post the pullback from 120 levels. Looks like the pullback is over, confirmed by the pullback trendline breakdown on Friday - 18-Jan.
Next immediate target looks like 138. Keep a Stop at 155.
Next immediate target looks like 138. Keep a Stop at 155.
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Small bounce expected. Book Rs 6 profit and close.
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