INDIAN RAILWAY FIN CORP L
Long
Updated

Range Bound Consolidation waiting for a blast ?

Stock follows the flow of consolidation and boom
Good Business case study done by fundooprofessor blog,
The valuation is very low with respect to P/E
Will observe this for years
Note
This is a pure buy at every dip
Note
Looks like crossing range, time to allocate
Note
IRFC is a much long story, converting this swing trade to long term postion
Note
people who wish to exit now/book profit can exit, i will wait to add more position when it comes back to 85 range
Note
as this is a long term story, you can buy to continue at dips only, currently 100 is too high

Disclaimer