After encountering a significant long-term resistance at ₹265 in April and early May this year, the stock of IRB Infrastructure Developers started to decline. Since then, the stock has been in a medium-term downtrend. Following a corrective rally, the stock met with a short-term resistance at ₹230 last week and resumed its downtrend. On Wednesday, the stock plunged almost 4 per cent breachin...