#IRFC LONG TRADE IDEA SETUPGreetings 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 the below support
don't play with fire, always use a predefined stoploss
IRFC
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 50.60
Next Resistance is at 68
Support is at 38.75
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.
IRFC (Indian Railway Finance Corporation Ltd)In my analysis(for 1-2 weeks), 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 56.4, while the second target is at 60.4. To manage risk, it's important to establish a clear stop-loss level.
**Trade Idea:** Consider a long position(1-2 weeks) on IRFC stock with a first profit target at 56.4 and a second target at 60.4. Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target--> 56.4
2nd Target --> 60.4
Thanks
Kambi
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 38.75
Next Resistance is at 50.60
Support is at 31.35
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.
IRFC Stock AnalysisIRFC Stock Analysis
20-25 is the demand Zone for IRFC Stock. Good Opportunity to buy for Midterm-Longterm Investment.
If IRFC Stock Price takes Support From the Demand Zone and If we see a bounces back Price Action in Daily Time Frame,
Targets on Upside are 36/43 with a Stoploss of 18.
IRFC - ATH breakout with huge volume - SwingThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis
IRFC Short - Target 21.50 - Bearish Harmonic PatternAll channels and Analyst suggesting a buy on this stock but on Charts showing Bearish Harmonic pattern.
If it follows this bearish target then very soon we will see a target of 21.70 - 21 INR. Many may not like it.
Stop Loss is above 25.60 closing basis on daily charts.
Be careful with investing at higher levels unless it closes above 52 week high.