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...
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!
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
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
Company is a funding arm of the Indian Railways for mobilizing funds from domestic and overseas Capital Markets. IRFC is a Mini
Ratna I and Schedule A Public Sector Enterprise under the admin control of Ministry of Railways, Govt. of India.
Clientele: Company extends loans to other entities of MoR, viz., Rail Vikas Nigam Ltd and IRCON International Limited.
We...
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.
Fundamentals:
Indian Railway Finance Corporation (IRFC) is a wholly owned subsidiary of the Indian Railways. It raises financial resources for expansion and running through capital markets and other borrowings.
IRFC started borrowing from the market in 1987–88.
Indian Railway Finance Corp (NS:INID) (IRFC) was set up on 12th December 1986 as the dedicated...
