IFCI Limited
Long

IFCI - Weekly Chart Analysis, CMP-31

415
Stock coming out of long base. It is sustaining and after forming 9Week base of 23% range it is came out.
It is cruising above all its key moving averages. 25-26 shall act as a support. if it close below it then our view stands invalid.
36-44 are the immediate levels which can be tested and if it manages to close above it and sustained over these levels then 80-99 is the main supply zone which can be tested over the long term.

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