Free Stock market / Nifty intraday tips

IRB’s bounce back key support:

The downside is well protected by the horizontal level around 177 which can now be expected to act as support again. The major support level around 182 to 177 which was tested as support  over the past five months. The major target near  217 in sight, with intermediate resistance to be expected around 202. The RSI Momentum line moved below buying zone and MACD is indicating to buy. So according to technical view, buy from 182 to 177 and Selling target will be  202 to 217.

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