NSE:IRB may go for consolidation now. Its high in RSI and MACD is showing reversal in trend. Stock has also made a strong bearish engulf today.
CMP 338 Sell below 335 Target 315 Strict SL of 352 and Closing basis SL of 246
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Keep SL of 236. Stock has more to dive. The trade is on. Target 222/ 215
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Stock is showing capability to bounce back soon Maintain SL or book here CMP 231.70 Booking at 232 will fetch 3 * 2500 = 7500 Personally booking at closing the trade as its moving very slow