This is a daily chart of IRFC (NSE).

Key Points:
  1. Downtrend: The stock is moving down but is near strong support (green lines).
  2. Breakout Possible: If it moves above ₹144.70, it may go up to ₹149.04 and then ₹166.90.
  3. Resistance: The red trendline is acting as a hurdle. A breakout above it can push the price higher.
  4. Risk Level: If it falls below ₹127.65, the downtrend may continue.
  5. Potential Upside:

*First target: ₹144.70 (+6.78%)
*Second target: ₹166.90 (+10.81%)


Conclusion:
  • Above ₹144.70 → Bullish move possible 🚀
  • Below ₹127.65 → Downtrend risk ⚠️




Note
Hit the First target CMP 147

Disclaimer