Disclaimer: I am not a SEBI registered Financial Advisor and the analysis provided below is for educational purposes only. Indian Railway Finance Corporation (IRFC) has been a hot topic in the stock market recently, with its exceptional performance over the last 52 weeks. As of 15-03-2024, the stock closed at 136.95 after reaching a high of 192.8 during this...
Wolfe Wave seems to be on the cards. Longer the base, explosive the breakout. Railway Theme It can also be seen as a Pennant on larger Time frame
Breakout Done. Consolidation also done. Good for Short term. Target 190. 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.
1:3 RR , do your own research before enter, IRFC Trendline break. Not a sell or buy recommendation
Irfc was consolidating right from its listing in 2021. However, few months back, it gave a huge breakout from its supply zone of 25 to go upto 37 levels. It has recently given a retest of same level and going up to test the levels of 37 again. If 37.1 is broken, a higher high, higher low trend can be confirmed on weekly basis and it will indicate that a bull run...
IRFC has been in a nice uptrend. Here I have my EW count from the 26th October, 2023 low. IMO it seems to be in the final stages of wave 3 in red, wave 3 of 5 of 3 to be precise. Will update the count later as it plays out. Thanks for reading!
if it close above 91 for two days then 90 will be a major support for it otherwise a resistance Next target will be 100+ but have to see it close above 91 or not. Most probably it will get one more pump before consolidating Tomorrow will be a big day Looking good as always
RVNL has high potential to breakout . Railway stocks Rally is on the way . Iam try to accumulate 170 to 175 range . Target 200 . Swing trade Follow for more ideas . This is only view
IRFC has shown a good move today after a healthy correction and looks set to resume its rally. After a brief fall, it has consolidated above the 0.618 levels with a hint of bearish sentiment. However, todays closing with good volumes makes it a good setup to go long with a good risk reward ratio. Keeping 1 ATR as SL. I would avoid to keep any target in this...
Finally the IRCTC is in a good upward trend and we will see a good response of news in IRCTC very soon. 1- A long old uptrend line is following and giving good support to this new uptrend. 2- Now the downtrend is over for sure. 3 - For around 2 trading days there will be more consolidation but don't be surprised if the 760+ target is achieved in this month .
Very good and clear movement can be seen when we talk about IRFC. 1 - Last time before showing a big up movement it took around 18-20 days and this time also it has taken about 20 days. 2 - This time it will keep consolidating till 23rd oct, then a big up movement for 5-7 days are possible. 3 - 77.25 is the major resistance and once above it then the big movement...
Greetings Folks, today i have prepared a setup of IRFC on NSE the analysis is as follows - the price broke out of a minor bearish structure - price is currently on a support resistance flip zone - the price can take support here or will migitate the zone below as marked dont play with fire, always use a predefined stoploss
RML CMP 721 TGT 922 SL 656 TIMEFRAME <6M RR > 3 Return >27% Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk...
Greetings Folks, today i have prepared a setup of IRFC on NSE the setup is as follows - following a dynamic resistance - no volume - can go either side as mentioned - wait for market to decide its direction first dont play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of IRFC on NSE the analysis is as follows - the price made a retracement - now following a dynamic resistance and support - i have also marked the S NYSE:R flip zone - can breakout either side dont play with fire, always use a predefined stoploss
IRFC About to Give Strong Breakout. Indian Railway Finance Corporation (IRFC) was set up on 12th December, 1986 as the dedicated financing arm of the Indian Railways for mobilizing funds from domestic as well as overseas Capital Markets. IRFC is a Schedule ‘A’ Public Sector Enterprise under the administrative control of the Ministry of Railways, Govt. of India....
Indian Railway Finance Corporation is a schedule “A” public sector enterprise under the administrative control of the ministry of Railway, Government of India. Company has also been leading to various entities in Railway sector like Rail Vikas Nigam limited (RVNL), Railtel, Konkan Railway Corporation limited (KRCL), Pipavav Railway Corporation Limited (PRCL), etc....
IRFC: Price is nearing the support part. One shall try to add long positions in Zone 1 & 2 around 23-26. SL is placed below 20. Swing target could be placed with a target greater 20-30%. Note: Do your own due diligence before taking any action.