IRFC
IRFC for LongThis chart shows the daily price movements of Indian Railway Finance Corporation (IRFC) on the National Stock Exchange (NSE).
Here are some key points and analysis:
Price Movement: The stock opened at 209.80, reached a high of 213.24, a low of 192.20, and closed at 195.85, resulting in a significant drop of 3.05%.
Support and Resistance:
Support Levels:
Around 192.80, where the current price is hovering.
Around 149.40, which was a previous resistance level.
Around 133.05, a longer-term support level.
Resistance Levels:
Around 210.00, where the stock recently faced rejection.
and 2nd target is 225
and 3rd target is 250
This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision. Stock Market investments are subject to market risk. Please read the offer documents carefully before investing.
IRFC Analysis & PredictionThis is the analysis of IRFC in Daily Time Frame. Watch carefully. The chart explains itself.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About IRFC:
Indian Railway Finance Corp. Ltd. engages in the business of borrowing funds from the finance markets to finance the acquisition of assets which are leased out to the Indian Railways as finance lease. The company was founded on December 12, 1986 and is headquartered in New Delhi, India.
IRFC - Swing Trade Analysis - 6th July #stocksIRFC (1W TF) - Swing Trade Analysis given on 6th July, 2024
Pattern: CUP & HANDLE SETUP
- Weekly Resistance Trendline Breakout - Done ✓
- Strong Pullback candle with Volumes - Done ✓
- Weekly Support Zone Retest & Consolidation - Done ✓
- Demand Zone retest for a Small SL and a better RR - In Progress
Please Note:
- This is a re-entry setup analysis that we are getting into for a quick swing trade
- We had already achieved 30% in this trade from our previous analysis of IRFC in March 2024 & were stopped out with our TSL
- Just riding the trend of the Railways sector again
- Stop Loss is mandatory for the trade
* Disclaimer
Indian Railway Finance Corporation Ltd - Breakout OpportunityDate : 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 level.
• NSE:IRFC has broke out from its secondary down trend on 22-Mar-2024 with higher than average volume.
• RSI has crossed over 50 on 26-Mar-2024. MACD is about to cross 0 line as on 2-Apr-2024.
• On 26-Mar-2024 it has closed above 20 DMA.
• Looking strong to start a new swing from here.
Disclaimer : I am not a SEBI registered analyst/consultant and not recommending anyone to take any BUY or SELL position in stock market. Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
IRFC Rally to Pause?NSE:IRFC has done exceedingly well in the markets like other Railway PSU stocks. No one can deny that these shares have performed well on fundamental backing. However, it will be wrong to say that the rally is not stretched.
Corrections can be of 2 kinds in the market and here there is a possibility of consolidation (time-wise correction). A consolidation is not that bad considering that stocks have run up quite a lot.
A thing to always keep in mind is that one should never come in front of a moving train (pun intended) and hence, if this PSU Railway stock starts another upward journey, one should not shy away from catching this train.
Keep a Stop Loss at 130.
I do expect consolidation but won't be surprised to see higher levels if there is momentum in this sector. Downside seems protected.
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 174
Next Resistance is at 241
Support is at 95
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 84
Next Resistance is at 108
Support is at 68
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Railway Stocks Railway stocks can breakout again if price closes and sustains above 7115
1) IRCTC
2) CONCOR
3) IRFC
4) RVNL
5) RITES
6) BEML
7) TITAGARH
8) RAILTEL
9) IRCON
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: www.tradingview.com
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 84
Next Resistance is at 108
Support is at 68
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 68
Next Resistance is at 84
Support is at 45
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
IRFCMarket Cap: ₹ 1,21,036 Cr.
Stock P/E: 20.0
ROCE: 5.32 %
Company has delivered good profit growth of 25.3% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 30.7%
Shareholding Pattern for Sept 2023 is 27,03,000 out of this 86.36% are Promoters, 10.88% are Public and 1.14%, 1.63% are FIIs and DIIs respectively.
Strong Breakout on daily time frame with Volume Spurt of Basing Pattern.
Entry: 96
Target: 115
Sl: 85
Disclaimer: Strictly for educational purpose.
IRFC stock first profit target at 78.0 and a second target 81.90In 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