IRFC STOCK ANALYSIS FOR SWING TRADE (educational purpose)✅ Reasons to Hold (Bullish Case):
Higher Lows Formation: Recent price action indicates a formation of higher lows—bullish signal.
Support Zone at ₹121–122: Strong horizontal + trendline support in that range.(STOPLOSS)
Potential Upside: If price sustains above ₹132–135, next swing targets are:
Target 1: ₹150
Target 2: ₹175
Target 3: ₹192 (shown on chart)
Irfcchartpattern
IRFC cmp 151.90 by Weekly ChartIRFC cmp 151.90 by Weekly Chart
- Support Zone 132.50 to 137.50 Price Band
- If Support is broken (seems unlikely right now), trigger stoploss based on entry level
- Falling Resistance Trendline is broken and price is sustaining above Support Zone shouldered by Rising Support Trendline