~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~~
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