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.
Railstock
Trading Signal Analysis for TITAGARH RAIL SYSTEMS LTD (NSE)Signal: BUY 📈
Confidence: 90%
Take Profit Target: 1,600 INR 🟢
Stop Loss Target: 1,300 INR 🔴
Analysis:
Strong Uptrend 📈
The stock is in a clear and strong uptrend, making higher highs and higher lows consistently.
Volume Increase 📊
There is a significant increase in volume accompanying the recent price rise, indicating strong buying interest.
Support from Moving Averages 📉📈
The price is well above the key moving averages (both short-term and long-term), providing strong support.
Bullish Candlestick Pattern 🕯️
The recent candlesticks show a bullish pattern, confirming the upward momentum.
Breakout Above Resistance 🚀
The stock has broken above a key resistance level at around 1,316 INR, indicating potential for further gains.
Price targets based on Fibonacci extension levels suggest the next target around 1,600 INR.
Market Sentiment 🟢
Overall positive sentiment in the market for this sector, supporting the bullish outlook.
Disclaimer: This is not trading advice. Always perform your own research before making any trading decisions.
IRCTC – Stellar Debut -The Next Station Please?Last Price@718.50 - 15th Oct 2019
IRCTC which is a very common name across India because of their strong brand placement offering online bookings for Indian Railways got a stellar opening on the domestic exchanges yesterday.
Similar to an experience of products like Colgate, Amul, etc– I still remember childhood days when we used to ask shopkeepers, not toothpaste- “Colgate Dena please” & “Amul butter hai kya”. You being a tech-savvy & use the internet for everyday use, you are most likely to refer IRCTC for rail ticket bookings.
IRCTC also provides catering services and packaged drinking water in railway stations and trains apart from selling rail tickets online.
Given, a stellar opening for the stock on domestic exchanges, Investors would be interested to know the next stop for IRCTC.
Technical Outlook
Technically, stock post listing made Intraday high of 746 & doing sideways between 700-750 zone. Holding 700 or slightly below on downside, the stock is expected to travel to new highs above 750. We look to book profits in 825-850 zone & above 850, upside extension could be 950-1000 levels.
Don’t ignore the downside of the stock which is 700 – dropping below key level & failing to bounce above the level of 700, can push stock lower to 650 & more on downside.
Have a safe & happy journey!!!