IRB - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.1

Here’s a focused technical snapshot of IRB Infrastructure Developers Ltd., spotlighting key price action, trends, and trade setups

📉 Trend Overview

Current Price ₹46.6 is trading below both 50-DMA (₹48.7) and 200-DMA (₹50.8) → signals persistent weakness and underperformance.

Price dropped ~30% from the ₹67.3 high and now hovers near the 52-week low range.

Gradual decline in both moving averages indicates a weak, possibly reversing trend.

🧭 Trend Status: Weakly trending downward with signs of base formation.

🔁 Momentum Indicators

RSI (38.6): Near oversold, which could set up a short-term bounce if triggered by volume.

MACD (-0.75): Slightly negative but stabilizing—suggests momentum loss is slowing.

Volume (1.1 Cr.): Marginally above weekly average, which could imply accumulation near bottom.

📊 Bollinger Bands

Price likely riding the lower band → confirming oversold sentiment.

No major squeeze, so expect sideways action until volume surge.

📐 Support & Resistance Matrix

Zone Type Price Range (₹) Commentary

Support 44.5 – 46.0 Recent demand zone, near base and RSI rebound

Resistance 48.0 – 49.5 50-DMA, strong supply zone from recent highs

Breakout Zone 50.8+ Above 200-DMA, could flip structure bullish

🎯 Trade Strategy

Entry Zone: ₹45.0–₹46.5 (near support + volume uptick + RSI bounce)

Exit Zone: ₹48.0–₹49.5 (near 50-DMA resistance cluster)

Stop Loss: ₹43.8 (below current support and 52-week low)

🔍 Conclusion

IRB is likely bottoming out after an extended downtrend.

Technical indicators point to a possible short-term reversal, especially if volume strengthens and MACD flattens.

A breakout above ₹50.8 would turn the sentiment decisively bullish, eyeing ₹55+ levels.

Want to go deeper into IRB’s sector momentum or compare its chart setup with similar infra plays like HG Infra or PNC Infratech? Let’s overlay them and see which name's flashing green 💡📈

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