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
Keep eye on IRFC It hasnt given breakout yet but price showing bullish momentum first target could be around 162 Sl is comparatively low
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...
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
It seems like breaking the double bottom trend. Disclaimer, I am just beginner do your analysis own. I am just publishing here my opinion.
NSE:IRFC Time for railways stocks to start catching up. As the election starts approaching we are going to start seeing a booster in railway stocks. IRFC is a strong name. Targets are intact. STOP LOSS IS UP TO YOU GUYS. Please average in or have a strict stop loss. Do your own reserch. No buy sell reco
The stock has broken a triangle pattern at 141 with 3x volumes. Buy for a target of 185. Risk reward of 1:3
IRFC looking good if any buy have a buy position then hold till election HOLD IRFC BUY POSITION MY DREAM TARGET 224-234
irfc in stage 2 uptrend must have in radar as the next consolidation begins
IRFC Bullish Engulfing Pattern 15 min tf 1:2.3 Ratio
IRFC weekly chart looking in strong up trend . now irfc is trading in a range from last two week. if irfc gives a breakout after budget . we can consider above 185.
This is not buy recommendation. Is for only educational purpose and my point of view
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...
A breakdown of the process: Identify Previous Price Levels: Look for areas on the chart where the price repeatedly bounced off a certain level (support) or struggled to break through a certain level (resistance). Mark these levels on the chart with horizontal lines. Draw Trendlines: Connect a series of higher lows to identify an upward trendline (acting as...
IRFC is looking strong on weekly chart Strong Uptrend Seen on Chart Govt Policy will help to grow irfc
IRFC has given a fresh breakout after many days of consolidation. This is also backed by a good number of volumes. Also, there is money flow in this stock which gives clarity to the setup Strong momentum can be seen above 88 Entry - at CMP & add till 78 ( also till 88 ) SL - 78 and 76 TGT - take 10% and keep trailing SL -- DISCLAIMER -- I am not a...
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!