IRB Infrastructure Developers Ltd (IRBI) has given good convincing breakout and showing the signs of major upside reversal. So, I wanted to share my analysis and expectations about this stock for short term as well as long term with its chart.
The outlook of this stock is purely based on technical analysis and is based on my personal experience. I am just sharing it but I don’t take responsibility for any trading or investment decision.
So, let’s have a close looks at its monthly and weekly chart. First I am looking at its life time move on monthly chart based on Elliott Wave Analysis.