IRFC Short - Target 21.50 - Bearish Harmonic Pattern Short

INDIAN RAILWAY FIN CORP LNSE

Description

⋅ Jun 27, 2021 1:32 AM

All channels and Analyst suggesting a buy on this stock but on Charts showing Bearish Harmonic pattern.

If it follows this bearish target then very soon we will see a target of 21.70 - 21 INR. Many may not like it.

Stop Loss is above 25.60 closing basis on daily charts.

Be careful with investing at higher levels unless it closes above 52 week high.

Trade closed: target reached

⋅ Apr 16, 2022 6:09 AM

Harmonic Patterns IRFC

Comments

sachinashu

⋅ Jul 15, 2021 5:44 PM

ab kuch kehna hai 😀

abhigautam404070

⋅ Jul 21, 2021 12:30 AM

@sachinashu maa chod di bhai xd

Sandeepk31

⋅ Jul 21, 2021 2:03 AM

@abhigautam404070, forget about this stock for at least 2 years. Dividend paying stock hai and PSU so no fireworks unless debt reduces.

abhigautam404070

⋅ Jul 21, 2021 2:22 AM

@Sandeepk31 hmm penny hai bhai waise bhi ek dost ne sunke le liya around 23 par to check kiya told him to leave immediately

Stock_Terminator

⋅ Jun 28, 2021 2:44 AM

Mar mar ke bithaya hua harmonic pattern, unfortunately your chart is wrong, also please see weekly timeframe