Irconinternational — Trading Ideas on TradingView

IRCON — Weekly Chart Analysis Price has broken above a long-term descending trendline after a prolonged correction phase. The breakout is happening near a strong demand zone around ₹170–175, which has acted as a historical support base. Sustaining above this level indicates a potential trend reversal on the higher timeframe. The risk–reward structure in the chart looks positive — with downside protection near the support zone and upside room toward the previous supply region around ₹270–280. A weekly closing above the trendline and follow-through buying will strengthen the bullish case. Failure to hold above 170 may weaken the setup. Key Levels Entry Zone: ₹175–180 Support / Stop-Loss: ₹128 Potential Upside Zone: ₹270–280 Bias: Bullish above 170 — Trend reversal structure developing. Disclaimer This is a technical analysis study for educational purposes only — not investment or trading advice.

IRCON May Deliver 30-40% in next 3-4 weeks If I had to choose a good stock for next 3-4 weeks, I will choose NSE:IRCON I will tell you WHY? 👇🏻 📚 First understand the catalyst, then the chart story. Catalyst side: Government infrastructure push Railways, highways, tunnels, border infrastructure. Execution has picked up sharply across all these segments. IRCON is a pure execution play, not a policy-dependent story. Order inflow momentum Over the last few quarters, IRCON has reported continuous order wins. The market is now getting clear visibility that the next 2 to 3 years of revenue is largely locked in. PSU re-rating phase The market is shifting PSUs from the “low growth” bucket to the “capex growth” bucket. This is a PE expansion phase, not just an earnings story. Rail budget and execution season. January to February is usually an active period for railway-related stocks due to execution visibility and budget expectations. 📈Now the chart story, which is the most important part: On the daily and weekly structure, a few things stand out clearly. After a long consolidation, a strong base has formed. Multiple shakeouts happened, and weak hands are already out. Price is making higher lows, showing sellers are getting absorbed. Recent candles are overlapping and the range has tightened, which means energy is building. This is a typical pre-expansion structure. The market is spending time here, but price is not falling. That is usually the biggest clue that a large move is pending. Trade plan framework. Entry should be above the consolidation high. No need to be aggressive inside the range. Stop-loss should be below the last higher low. Targets. Target 1 can be around 18 to 22 percent for a fast move. Target 2 can stretch to 35 to 50 percent if momentum continues. Why a 30 to 40 percent move is possible in 2 to 3 weeks. It is a small to midcap PSU. Free float is limited. When PSU momentum kicks in, moves are not linear, they turn vertical. If the breakout comes with volume and pullbacks remain shallow, the rally usually extends. Important mindset. This is not a sure-shot trade. This is a high-probability, high-momentum window. Risk is defined. Upside is asymmetric. That is the real edge here.

IRCON can move upwards after consolidation. IRCON International Ltd. engages in the provision of engineering and construction services. It specializes in major infrastructure projects, including railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, extra high voltage sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. The company operates through the Domestic and International geographic segments. IRCON International Ltd. 225.88. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, Effectively using its capital to generate profit and High Volume, High Gain. The Negative aspects of the company are High Valuation (P.E. = 23.1), MFs decreased their shareholding last quarter, Underperforming their Industry Price Change in the Quarter and Increasing Trend in Non-Core Income. Entry can be taken after closing above 227 Targets in the stock will be 246, 265 and 285. The long-term target in the stock will be 316 and 352. Stop loss in the stock should be maintained at Closing below 180. Disclaimer: The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

IRCON Consolidation happening at Resistance Level. Looks good on Chart. Above all EMA. Short term target 280. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.

IRCON INTERNATIONAL GIVES BRAKE OUT ON DAILY CHART NSE:IRCON IRCON INTERNATIONAL gives brake out on daily chart. Buy 260 sl 225 target 325+ time 1 month

IRCON: Swing IRCON: Swing Look for a swing opportunity. Note: Do your own due diligence before taking any action.