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.