Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IVRCL is now breaking out of two months trading range. It was bouncing from the lower end to the higher end and that higher end resistance is now giving way. Breakout usually gives more momentum on the upside. I think there is some momentum broadly in infrastructure. Therefore, IVRCL is a buying opportunity for the day and probably for the week also."
He further added, "Traders must understand that IVRCL is not an investment buy. It is just a momentum play and that is how it should be treated."
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