In irfc if you see octomber, november,and 10 days of december is consolidation month in volume after big rally happend in september. and fast forward to right now there is called vcp(volatile contract pattern) is clearly visible in chart and recently give breakout of trendline and vcp setup with good amount of volume so there is also buying coming. after that...
INDIAN RAILWAY FIN CORP (1W) CMP 34.95 Given Insidebar Breakout on Weekly Chart after 8 Weeks consolidation Phase Strong Support Zone near 32 One can Add for Target of 44, 56+
if it close above 91 for two days then 90 will be a major support for it otherwise a resistance Next target will be 100+ but have to see it close above 91 or not. Most probably it will get one more pump before consolidating Tomorrow will be a big day Looking good as always
> Good Volumes Since Last 4-5 days > Breakout done Above 92 > Adding Zone 86-92 > Ready For Big Move > Expecting 125 Levels
This is just an idea of the stock for educational purposes.
Indian Railway Finance Corp Ltd Buy Above Breakout Price Buy Above 85 Stock Loss 75 Target 105-120 Holding Time Near 45-60 Days Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before...
IRFC LTD (1D) CMP 76.10 After A Very Strong Rally stock is consolidating in a Narrow Range A momentum can be seen in Near future for upside Rally Already Covered at 34.95 SECTOR : Finance INDUSTRY : Finance Term Lending MARKET CAP : 99,438.26 cr. MIDCAP PE : 16.39 INDUSTRY PE : 8.27 PEG : 0.63 About Company The company is the dedicated...
IRFC Stock on Daily TF we can see that today stock has given strong upside closing. On Daily TF Stock was Consolidate from Sept.2023 and today Stock has given Price Breakout with Volume Breakout. We can see on chart from last couple of month Price movement and Volume was very Low. Today Has has given Strong Momentum on Daily, Weekly & Monthly basis with High...
IRFC has shown a good move today after a healthy correction and looks set to resume its rally. After a brief fall, it has consolidated above the 0.618 levels with a hint of bearish sentiment. However, todays closing with good volumes makes it a good setup to go long with a good risk reward ratio. Keeping 1 ATR as SL. I would avoid to keep any target in this...
Fresh long can be initiated at today s day high. Stop around 70..
Very good and clear movement can be seen when we talk about IRFC. 1 - Last time before showing a big up movement it took around 18-20 days and this time also it has taken about 20 days. 2 - This time it will keep consolidating till 23rd oct, then a big up movement for 5-7 days are possible. 3 - 77.25 is the major resistance and once above it then the big movement...
RVNL BULLISH MOVE WITH CUP AND HANDLE PATTERN Theory :- The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal....
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
After a dip strongly it bounce back. Stop 70 Target 100
Previous jump from 21 to 36 which is approximately 75%. if the same pattern repeats, as per FIB level then Irfc will go above 65. looking forward for suggestions. (I am learning) invest as per your understanding. I am not giving any investment or trade advice.