ICRCL Infra: Upward Correction?

IVRCL INFRA Daily NSE Stock Chart Technical Analysis:


IVRCL Infra has been falling since July 2010 and has lost about 60% of its value since then.

Close & CMP: 75

Market Outlook:

• There is a chance that this stock price will finally show an upward correction.  If it manages to go above 87, that will be a positive sign.
• IVRCL जुलाई २०१० से करीब ६० प्रतिशत गिर चूका है.  आज का चार्ट यह उम्मीद जगा रहा है की शायद यह शेयर अब ऊपर की तरफ जायेगा.  अगर यह ८७ के ऊपर गया तो यह पोसिटिव सिग्नल है. 

Technical Indicators:

• The stock price has been falling since a very long time and a correction is overdue as the price is deeply oversold.
• The stock was hugely traded on the exchange today but the price movement is not much.  
• If it falls further, than falling below 71 is a bad sign.

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IVRCL INFRA Daily NSE Stock Chart Technical Analysis