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
Greetings Folks,
today i have prepared a setup on RVNL on NSE
the analysis is as follows
- the price DID NOT gave a satisfactory breakout of the previous high which is also the ATH
- the volume is marginally low
- i have mentioned 2 support zones the above one is the immediate one which price can retest to again breakout the ATH with good volume
- the zone below...
Greetings Folks,
today i have prepared a setup on TEXRAIL on NSE
the analysis is as follows|
- currently pumping bcoz of rail narrative
- following dynamic support
- forming a chart pattern which is bullish
- previous high broken with volume
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....
Hello and welcome to this analysis
In the month of December 2022, Govt announced divestment which lead to gap down openings on the consecutive days. the 2nd gap down activated a Bearish Island Reversal.
From 600 it appears to have completed a Dead Cat Bounce and now could continue its downtrend.
It has resistance at 650 while support comes in at 610 and below...
The india railway sector most of the stcok in outperform the nifty 50, Only IRCTC is underperform the nifty50 return, the structural change in the india railway stock in the recent year, this is show in the chart. i am bullish in the this sector.
CNI is a Canadian Rail company. With the possible strike in the US, this
company can help take goods from China to the east part of North America.
Technically it is a solid performer with good recent earnings. This is
a slow but steady mover low beta ignores the general stock market and
a recession will have little impact. In the past month no matter...
Hello, This is my Technical Analysis for Indian Railway Catering and Tourism Corporation (IRCTC) stock.
According to my analysis the price will go up.
We should take a Buy entry at 4210
The target should be at 4390
Stop Loss at 4088
Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on September 17, 2021 with a closing price of...
Idea for Canadian National Railway:
- An interesting thing has occurred. CNR approached Kansas City Southern (KSU) with an unsolicited offer that would merge the companies to become the first and only single railroad to cross Canada, the US, and Mexico. A combination of either CNR or CP with KSU would do this. Naturally, CP will want to stop this existential...
FA:
Dividend Yielding stock, therefore, one that a lot of investors consider in their portfolio.
Flight travel is lower, reopening of several rail line due to the increase in demand of rail travel.
TA:
Not currently a good buy area, would be wise to set buy orders near support line or treat it as a longer play and buy in now and ride the retracement till it...
Targets
1st : 304
2nd : 320
Duration : 3 to 4 weeks
Reasons:
1. News : Privatization of Railways, 30000 cr. more investment
2. Symmetrical triangle break out
3. Stock is above 200 EMA
4. Fast moving average about to cross over
