- IRB INFRASTRUCTURE moving up from 20 days moving average and also trading above 61.8% golden ratio fibonacci retracement, indiciates stock to favor bulls as long as trades above.
- Weekly chart indicates that stock moving up from 23.% fibonacci retracement once crosses 221 with volume and closes above 221 then short term trend of IRB is looking bullish.
- Monthly chart also indicates that stock near 61.8% fibonacci retracement as shown above once closes above its golden ratio in the month chart then long term trend also looking in favor of bulls.
- Stock on news today - IRB Infrastructure Developers: An arm of IRB Infra has signed Rs. 2,300 crore deal with NHAI for constructing road in Haryana. Stock is trading at NSE @ 214 up by 3.73% at 10:26 am 24th June 14.
Next Stock Update On 24th June 2014, Tuesday At 11:30 am.