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IRB | Simple breakout - 15% potential opportunity

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IRB INFRASTRUCTURE (NSE:IRB)  
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Support and Resistance Trend Lines Candlestick Analysis shortterm momentumtrade bigtrade holding swingtrading breakout positional
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supportandresistance trendline candlestick shortterm momentumtrade bigtrade holding swingtrading breakout positional
IRB | Simple breakout - 15% potential opportunity in this setup. Its also continuation of October trade from 105 zone.

CMP : 120
SL : 116
Target : 138

Actually it is a big trade as it has strong demand at 100 level, Will post weekly time frame chart in comment section.
Even if broadmarket jerks and this SL hit, can consider avearing at 100-105 range (Always average less than the previous position size)
Komen:
Weekly time frame, promising for strong support / demand zone at 100-105 levels.

snapshot

Idea Berkaitan

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IRB | Taking trendline support, looks good for wedge breakout
Penafian

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