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!
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....