This is a daily chart of IRFC (NSE).

Jan 28

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 ⚠️
  

Jan 30

Note

Hit the First target CMP 147