Fundamentals: Indian Railway Finance Corporation (IRFC) is a wholly owned subsidiary of the Indian Railways. It raises financial resources for expansion and running through capital markets and other borrowings. IRFC started borrowing from the market in 1987–88. Indian Railway Finance Corp (NS:INID) (IRFC) was set up on 12th December 1986 as the dedicated...
Indian railways finance corporation IRFC CHART ANAYLAYS fresh buy to long term
NSE:IRFC news posted a rise in its net profit to 17.14 billion Indian rupees ($211.0 million) in the quarter ended Sept. 30 as against 15.01 billion rupees a year ago. Earnings per share stood at 1.31 rupees compared with 1.15 rupees, according to a Thursday filing. Revenue from operations in fiscal Q2 increased to 58.10 billion rupees from 46.90...
tock up side move create long position 10% to 15% move very very storng price action chart petter NSE:IRFC
irfc stock up side move create long position 10% to 15% move very very storng price avtionand chart petter NSE:IRFC
IRFC is a great company with great fundamentals, And has formed a beautiful technical pattern.
stock taking support at S1 pivot...some up move is possible. can do some trading. overall stock is not good. stock is making lower highs.... such stocks are best avoided!
Bullish Butterfly Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
Buy Entry @ 21 Target @ 24 Stop Loss @ 20 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. Shakthi
irfc is looking good for cash holding we can do bottom fishing here
for long term investment below rs 20.5, 20, targets rs 26. 28. 32
Break Out Above 22.80 Next Resistance 23.60 / 25.20 / 27.20 Supports 21.80
Prices are well compressed after IPO listing. With Govt expected to strengthen Indian Railways, this stock would be 5 X Bagger within 4 years. Immediate bullishness reaches levels of 40.
IRFC looking super bullish, as it broke the weekly time frame resistance trend-line with good momentum candle and currently in the re-test scenario. Don't miss the upcoming upper circuits in case it stays above the trend line for this week.
IRFC : formed Elliott wave expanding triangle. Is is ready for UP MOVE ?