Sandeepk31

IRFC Short - Target 21.50 - Bearish Harmonic Pattern

Short
Sandeepk31 Updated   
NSE:IRFC   INDIAN RAILWAY FIN CORP L
All channels and Analyst suggesting a buy on this stock but on Charts showing Bearish Harmonic pattern.

If it follows this bearish target then very soon we will see a target of 21.70 - 21 INR. Many may not like it.

Stop Loss is above 25.60 closing basis on daily charts.

Be careful with investing at higher levels unless it closes above 52 week high.
Trade closed: target reached

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