IVRCL LTD; ALERT

        CMP 50.45             BSE 17173

• Readers of this blog may recall that in earlier posts we had talked about 49 closing basis as being an important support level.
• Today the Stock touched 49.05 intraday before closing at 50.45.
• A break below 49 closing basis could take the scrip down to 43 levels technically.
• Else 49-52 remains a very strong support zone for the scrip.
• Investors with a long term horizon can buy at 49 and dips if any, in a phased manner and hold for the long term.

TO ACCESS EARLIER POSTS ON IVRCL  SEE HERE