Date : 2-Apr-2024
Rating : Buy - Positional Trade
LTP : Rs. 144.80 (on 1-Apr-2024)
Targets: (1) Rs. 164 --> (2) Rs. 192 --> (3) Rs. 240
SL : Rs. 135
Technical View:
• NSE:IRFC is in its primary uptrend since Aug-2023 and was recently going through it's secondary downtrend.
• After touching the high of 192.8 on 23-Jan-2024, it has retraced 39% to 116.65...
Greetings Folks,
today I have prepared a setup of IRFC on NSE
the analysis is as follows-
- the price is speculating in a minor range right now
- my current bias is bullish so i will not be looking any short trades
- 2 possible entries are given in chart, the breakout and retest one is more probable
- if the market opens negatively, wait for price to settle on...
This will boom.
Increasing profit
Increasing dividend
Only concern in Debt to equity.
Buy at 44
Stop loss at 40
Only for education purpose do own research before investing in stocks.
