Ircon international a government company looks good for positional and 2x swing tgt
A very decent pick amid pre and post budget 2023
Having a resistance at 66 if breaks 66 it can head for 80rs levels
Volume building up slowly slowly
Ask your financial advisor before buying
Only for educational purposes
Ircon if closing 51.20 in weekly then the ircon will reach the target as mentioned
but it is short term target so be patient up to 3 month for achieving the last target
note: this is only for educational purpose not for stock recomendation
The stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple support zones & lower trendline. The target is placed near upper trendline and swing high.
Note: Earnings will be disclosed during the trade duration. If...
NSE:IRCON
IRCON
Technical analysis: Ircon International Ltd.
I have also provided some support and resistance area in above chart.
Buy entry point Between 88 To 90
T.P - 95.3 and +(plus)
Stop-loss 85
Friend please analyse before taking any action do not depend on my analyse its just for education purpose only and follow the proper risk management and also...
Fundamental Fair value 105; Bull Case Value 115, Now at the 200 MA potential move to 105/115 in next 6 months.
Stock P/E: 11.23
Book Value: 88.70
Dividend Yield: 5.30 %
ROCE: 10.72 %
ROE: 11.93 %
Sales Growth (3Yrs): 20.68 %
Face Value: 2.00
GOI holding 89.18%
Company has reduced debt.
Stock is trading at 1.01 times its book value
Company has been maintaining...
