Monday, February 27, 2012

IVRCL LTD ; ALERT


                           CMP 49.65                  BSE 17445
  • In yesterday's post ( SEE THIS ) I had talked about the 49-52 range being a major support zone.
  • Today the Scrip went intraday to 48.6 but closed at 49.65 thus giving us hope that the above support range will possibly hold on a closing basis tomorrow.
  • In case of a break below 49 closing basis, the Scrip could see 43 or thereabouts.
  • Long term money should enter in the 43-45 range and bravehearts could even buy small lots at CMP as well.
  • So watch out for 49.

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