In irfc if you see octomber, november,and 10 days of december is consolidation month in volume after big rally happend in september. and fast forward to right now there is called vcp(volatile contract pattern) is clearly visible in chart and recently give breakout of trendline and vcp setup with good amount of volume so there is also buying coming.
after that another consolidation happend.(it's around 11 days consolidation). so now again create a good setup so may be some move expected. and also some movement happend in railway sector so another good point.
after that another consolidation happend.(it's around 11 days consolidation). so now again create a good setup so may be some move expected. and also some movement happend in railway sector so another good point.
Comment:
i am just a noob who know little bit how to read chart. and main thing i am not invest my money any chart that i share.