IRFC
- The stock is showing signs of reversal from a key demand zone on the weekly chart.
- On the daily chart, the reversal is confirmed with a Change of Character (ChoCh) and a Break of Structure (BoS).
- However, there is a minor supply zone ahead.
Action Plan: Wait for the price to cross above ₹163 (the supply zone) for further confirmation of the bullish momentum.
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