IRCTC by KRS Charts11 Nov 2024 / 11:11 AM
Why IRCTC ❓❓
1. Fundamentally Good Company. 💪
2. Technically, it was already Entered in Golden Reversal Zone. 🔅
3. Along With that inside that zone now Bulls Counter- Attack is visible ✅ which is formed at the bottom of the Trend for Reversal.
4. At recent Bottom Positive Order Block has formed and showing Bullish Traits from that level.
5. With Bull C. A. green candle RSI is showing Bullish Reversal Divergence.
Targets & SL is in Chart
Railwaystock
Texmaco Rail& Eng by KRS Charts20th Sept 2024 / 3:19 PM
Why TEXRAIL ❓
1. All Over Bullish in Trend by making HHs & HLs.
2. Was correcting for over 3 months and Today Big Green Candle Closing with Range Breakout ✅
3. Also, in 1W it'll probable closing hammer candle stick too.
4. Furthermore, my conviction is on today only is because of its in Fibbo Golden Zone ❗
Target is Expected to break ATH price point 👍🎯
ORIENTAL RAIL INFRASTRUCTURE LTDTechnical Analysis
- After breaking out at ₹150, the stock reached ₹300.
- It consolidated in a range for 6 months before breaking out again in June 2024 to touch
₹450.
- The price has now retraced to the ₹300 level, retesting previous support.
- Fibonacci Retracement: Currently in the golden pocket zone.
- RSI: Indicates a healthy momentum.
- Moving Averages: Trading above the 50 EMA and 200 EMA, indicating a bullish trend.
Fundamental Analysis
- Company Fundamentals: Strong
- Valuation: Slightly expensive but not a significant concern for short-term trades.
Action:
1. Buy Zone:
Consider buying between 331.45 and 304.80, keeping an eye on price action and volume at these levels for confirmation.
2. Stop Loss Placement:
• Place a stop loss around ₹295-298 to limit potential losses if the support levels fail.
3. Profit Booking:
• Start booking profits around 400,₹440 for the short term. If the price shows strength and breaks above the 400 level, hold for a medium-term target of ₹500.
4. Monitor Key Levels
Keep an eye on the 50 EMA and 200 EMA for any changes in trend direction.
Watch for price action around key Fibonacci levels to adjust strategy accordingly.
Summary:
• Entry: ₹331.45 to ₹304.80.
•Stop Loss: ₹298.
• Targets: ₹400,440 (short-term), ₹500 (medium-term).
Risk:Reward = 1.65 ( for target 400 )
2.65 ( for target 440 )
note* This is a circuit stock, UC & LC are very common so please place your SL.
Happy Trading:)
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 - 6 Months Consolidation BreakoutIndian Railway Finance Corporation Ltd
1) Time Frame - Weekly.
2) The Stock has been Consolidating since (January, 2024). Now It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in weekly Time Frame.
3) The stock may find it's next resistance around the price (260 - 19.50% from the price 217.43).
4) Recommendation - Strong Buy.
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
RAILTEL, railway stocks are setting up again.Check railway stocks, how well they are setting up and buzzing loud on twitter. But like only railtel and texrail, as not looking for stocks which didnt breach 4th June bloodbath bar. No regret if they give big moves as I'm following the system. And between these two, railtel is top priority, as:
-One simple horizontal line setup (favourite), and consolidating for 150 days in the range
-After 4th june big fall, two white dots( 5% move with 1M vol) indicating big players are buying this stock
-Clean setup
Buying above 428 (cheat entry: buying before major resistance in anticipation of breakout.
No buy/sell recommendation.
bullish breakout of weekly flag and pole pattern in IRFCA Bullish Flag and Pole pattern is visible on the Daily chart of NSE:IRFC
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
ELGI EQUIPMENT Swing Long Trade Setup- Elgi is building up the strongest base that I haven't seen in any other NIFTY 500 stock so far watch out for this
- No HL OR LL so far trend looks intact
- Another Liquidity grab can be possible so watch out for that
- Accumulation ZONE - 625-640
- Risk - 3-4%
- Portfolio Allocation - 10-20%
Manage risk properly first reward comes second
I'm sure this Railway stock can be best stock for your PortfolioHello Guy's, i hope you all will be doing good in your life and in your Trading as well. Today i have brought stock from one of the top performing sector in recent time, which is Railways. All Railways stocks like RVNL/IRFC/IRCTC etc, has given multibagger returns in just very short of time, but if i talk about RITES, still has not participated much in recent Rallies. So i am expecting an ongoing momentum can be continue in this stock in coming day's. Company has reduced debt. Company is almost debt free. Company has been maintaining a healthy dividend payout of 80.8%. All this parameters are positive for this PSU stock.
Price is above 200-DEMA
Stock is forming Higher highs and Higher lows Pattern on daily timeframe
Stock has given breakout of earlier Highs and sitting at all time highs
Highest Volumes seen on daily timeframes, which is 30.504 Million, this is huge since inception.
About Company:- Established in 1974, RITES Limited is a public sector enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. The company is the only export arm of Indian Railways for providing rolling stock overseas (other than Thailand, Malaysia and Indonesia).
KEY POINTS:-
Services
The major business engagements of the company are consultants, engineers, and project managers in railways, highways, airports, ports, ropeways, urban transport, and inland waterways in India and abroad. The company also provides services of third-party inspection, quality assurance, construction supervision & project management, operations & maintenance, leasing, export of rolling stock and modernization of railway workshop projects, doubling, and electrification on a turnkey basis.
Revenue Split
Consultancy Services: 41% in FY22 vs 55% in FY21 vs 68% in FY18
Leasing: 5% in FY22 vs 6% in FY21 vs 6% in FY18
Turnkey Projects: 6% in FY22 vs 33% in FY21 vs 10% in FY18
Export Sale: 36.28% in FY22 vs 5% in FY21 vs 15% in FY18
Power Generation: 0.8% in FY22 vs 1% in FY21 vs 1% in FY18.
Geographical Split
The company has undertaken projects in over 55 countries across Asia, Africa, Latin America, South America, and the Middle East region.
India (domestic): 90% in FY21 vs 79% in FY18
Africa (exports): 7% in FY21 vs 6% in FY18
Asia (exports): 3% in FY21 vs 15% in FY18.
Clientele
IIM-Rohtak, JNU, Delhi University, Central University of Karnataka, AIIMS, BPCL, SAIL, NTPC, SCCL, CONCOR, Visakhapatnam Port Trust (VPT), Paradip Port Trust (PPT), Subarnarekha Port, Tata Steel, L&T, GMR, Dilip Buildcon among others.
Order Book
The company had a total order book worth 6435 crores as of September 2021. Turnkey order book does not include approx 4000 crores of new Railway Line projects secured in Q2FY22. The contributions of the business segments to the order book (Q2FY22):
Consultancy: 39%
Turnkey Solutions: 43%
Lease: 2%
Exports: 15%
Market Cap
₹ 16,455 Cr.
Current Price
₹ 685
High / Low
₹ 694 / 311
Stock P/E
34.2
Book Value
₹ 107
Dividend Yield
2.99 %
ROCE
29.7 %
ROE
21.3 %
Face Value
₹ 10.0
Industry PE
40.5
Debt
₹ 4.79 Cr.
EPS
₹ 20.0
Promoter holding
72.2 %
Intrinsic Value
₹ 494
Pledged percentage
0.00 %
EVEBITDA
17.0
Change in Prom Hold
0.00 %
Profit Var 5Yrs
9.60 %
Sales growth 5Years
11.9 %
Return over 5years
29.6 %
Debt to equity
0.00
Net profit
₹ 516 Cr.
ROE 5Yr
20.8 %
Profit growth
-11.8 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
#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
RAILTEL watch for trend line breakoutExpecting Railtel to give a good move from here setting up tight near trend line with fundamentals backing it up. Stop loss can be placed at low of doji candle.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
This railway sector player is testing multi-week breakout zone!NSE:IRCON is an integrated engineering and construction PSU specializing in large and technologically complex infrastructure projects in various sectors such as railways, highways, etc.
The railway sector is picking up pace in India and this stock is showing consistently increasing sales, net profit and EPS. This has resulted in the stock giving a healthy 33% absolute stock price return in the past 1 year (source: screener.in)
Although a bit on the expensive side compared to book value, the stock has also given out a healthy dividend!
Definitely one to watch out for.