IRFC stock first profit target at 78.0 and a second target 81.90

Oct 6, 2023

In my analysis(for 1 week), I've identified a potential trade idea for the IRFC stock. Based on my evaluation, I see two profit targets. The first target is set at 78.0, while the second target is at 81.90 . To manage risk, it's important to establish a clear stop-loss level.

**Trade Idea:** Consider a long position(1 week) on IRFC stock with a first profit target at 78.0 and a second target at 81.90 . Implement a well-defined stop-loss strategy to manage risk effectively.

1st Target--> 78.0
2nd Target --> 81.90

Thanks
Kambi

Oct 11, 2023

Trade active

Today's High --> 77.65 (~ Near to target 1 -->78)

Oct 13, 2023

Trade active

1st Target--> 78.0 achieved ( current price = 78.30)

now looking for
2nd Target --> 81.90

Nov 5, 2023

Note

The stock reached 80.80 Rs on 17th October.

After a subsequent decrease, it is currently trading around 72-73 Rs. This presents an excellent buying opportunity, as it is expected to reach 82+ Rs in the coming days.
***Best time to buy***

Dec 14, 2023

Trade closed: target reached

All targets achieved ( current price = 87.00)

Kambi