IRCON support at Weekly 200 Ema Ircon moved 9% on Friday , its a avilable near Weekly 200 EMA , Risk - Reward From here is very Less. But need to accumulate in sip mode only. No Aggresive buying . Railway Stocks moving Up . So We can accumulate Slowly slowly for Tgt of 300+.
It's Available below Intrinsic value . So avilable at good Valuation.
IRCON International Ltd.
No trades
In-depth trading ideas
This Simple Strategy can make you a PROFITABLE TraderI made educational content videos for swing trading .
I am a Full time trader and everything that I am speaking in the video comes out of pure experience - I am using bar replay feature of trading view to showcase an example along with the concept
Charts used in this video are older than 3 months .
IRCON 1 Month Time Frame📊 Current context & trend
The stock is trading around ₹135-₹140 zone and is below most medium/long-term moving averages (bearish bias).
Monthly and short-term momentum shows weakness / downtrend pressure.
🔁 1-Month Key Levels (Support & Resistance)
📈 Resistance (Potential Ceiling)
R1 – ~₹139.7
R2 – ~₹143.2
R3 – ~₹145.8
(These are resistance pivots from recent pivot data and typical trading range markers.)
📉 Support (Potential Floor)
S1 – ~₹133.6
S2 – ~₹131.0
S3 – ~₹127.5
(These are key support pivots where the price may find buying interest on declines.)
📌 Price Structure Summary — 1-Month
Bullish above:
✔️ Above ~₹143.2 → next resistance zone ~₹145-₹148+
Neutral/Range:
➤ ~₹138-₹143 → oscillation with sideways bias
Bearish below:
❌ Below ~₹133 → potential move down to ~₹127–₹125+
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in IRCON
BUY TODAY SELL TOMORROW for 5%
IRCON 1 Week Time Frame 📉 1-Week Performance
Current Price: ₹170.23
Weekly Change: Approximately -1.33%
Recent High: ₹175.30 on October 16
Recent Low: ₹167.30 on October 21
📊 Technical Indicators (Weekly)
Relative Strength Index (RSI): 57.79 — Neutral
Moving Average Convergence Divergence (MACD): 0.04 — Slightly Bearish
Commodity Channel Index (CCI): -283.04 — Bearish
Average Directional Index (ADX): 25.32 — Indicates a weak trend
Ultimate Oscillator: 63.31 — Neutral
Swing 1. Price Action
The chart displays weekly candlesticks, where:
Green Candles: Weekly close higher than open (bullish).
Red Candles: Weekly close lower than open (bearish).
2. Range-Bound Movement
The purple rectangle highlights a consolidation phase, where the stock is trading within a defined range between ₹187.67 (support) and ₹225 (resistance).
This range indicates indecision, where neither buyers nor sellers dominate.
3. Key Levels
Support Level (₹187.67):
Represented by the green horizontal line.
This level has held strong, with prices rebounding each time they approach this zone.
Resistance Level (₹225):
The upper boundary of the consolidation range, where price struggles to break above.
4. Recent Price Action
The stock has made a strong upward move this week, closing at ₹221.43 with a gain of +7.78%.
This places the stock close to the upper resistance zone, signaling a potential breakout.
5. Implications
Breakout Above ₹225:
If the price breaks above ₹225 with strong volume, it could trigger a bullish rally, targeting higher levels like ₹250 or beyond.
Breakdown Below ₹187.67:
A fall below the support level might lead to further downside, potentially targeting ₹175 or lower.
6. Volume Analysis
High volume during breakout would confirm strength.
Lack of volume could result in a false breakout or continuation of the range.
Key Takeaways
Watch for a breakout above ₹225 for a bullish trade.
Monitor for a breakdown below ₹187.67 to manage risk.
Volume confirmation is crucial to determine the next major trend.
Would you like a trading plan or deeper analysis of potential price targets?
Ircon International SL day candle close only, Target Trigger Price
All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 to manage modified SL. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
IRCON International has formed a double bottomWhat has the international stock done? It has
closed above 50 EMA and has also done a Trendline
breakout and here is also a double bottom. There
is also a bullish divergence in the weekly chart here so
if it breaks the neckline of the double
bottom. So we can think of taking a trade here.
Turning Bullish: IRCON InternationalIRCON International has been in a downtrend since Aug 2024.
It was sliding in a parallel channel pattern.
However, it broke the channel pattern and gave a strong breakout with excellent volume.
IRCON is trading near the strong support zone of 220 levels.
It took support around 20 EMA (Black line) and showing some strength.
However, 20 EMA (Black line) has to decisively cross 50 EMA (Orange line) to confirm the bullish trend in weekly closing.
Technically, the downside risk is limited.
RSI is also showing some strength.
Resistance levels: 220, 267, 300, 350
IRCON - Long Term ViewThe chart shows a technical analysis of IRCON International Ltd on a daily timeframe. Here's an analysis based on the visible elements:
1. **Price Action**
- **Downtrend:** The stock has been in a sustained downtrend for a few months, as indicated by the descending price channel (blue shaded area).
- **Breakout Attempt:** Recently, the price seems to be testing or slightly breaking above the upper boundary of the descending channel, suggesting a potential reversal or breakout.
2. **Support and Resistance**
- **Key Resistance Level:** ₹292.20 is marked as a significant resistance level.
- **Key Support Level:** ₹175.29 is identified as a crucial support level.
- These levels will likely act as turning points if the price moves toward them.
3. **RSI (Relative Strength Index)**
- The RSI is at **53.77**, which is near the neutral zone (50). This indicates no strong overbought or oversold condition currently.
- RSI above 50 could signal bullish momentum, especially if it continues rising.
### 4. **Volume**
- The chart shows decent volume activity around the current price level. Volume confirmation will be critical for validating any breakout above the channel.
### 5. **Projection**
- An upward trajectory is drawn (blue curve), potentially predicting recovery toward the ₹292.20 resistance zone and higher.
---
### **Trading Implications**
- **Bullish View:** If the price sustains above the channel's upper boundary with increased volume, it could indicate the start of an uptrend.
- **Bearish View:** Failure to break out or a drop below recent lows may lead to a retest of the ₹175.29 support level.
IRCON NSE:IRCON
As per my analysis stock has been taking support 190-192 and reverse from here today. I am already invested in ircon and did average at 195. we can invest in IRCON at CMP with SL190-192,175-176
S1 (190-192)
S2 (175-176)
Apni analysis khud bhi karein kisi k kehne par invest na karein.
IRCON 1DSwing Trading Setup
Entry Point:
If the price bounces from the 200 EMA and FVG zone, this could offer a good swing trade entry above 251.
Confirmation of a reversal can come from strong bullish candlesticks forming above the 200 EMA.
Stop Loss:
Below the 200 EMA and the FVG zone. A stop loss around the 215 level could protect the trade if the price fails to hold the support.
Take Profit:
If momentum continues, you can extend your take profit to the next resistance level at
352.05
Volume:
The volume in the lower part of the chart is crucial. Higher volumes near support levels (200 EMA) increase the chances of a successful bounce. Keep an eye on any significant rise in volume, confirming the strength of the move.
This setup offers a potential swing opportunity if the price holds support and resumes an upward trend.
IRCON INTERNATIONA TGT 330-360 SL - 229-210 ZONE Ircon International Ltd. is an interesting chart with following
1. RSI on all time frames (DWM) above 60
2. Stock Strongly outperforming Benchmark index and sectoral index
3. Both SRS and ARS above zero
4. Close within 52 Week High Zone
5. Stock making higher highs for last 3 consecutive trading days
6. Higher Trader and Delivery quantity this week
7. ABCD pattern under formation on weekly chart
8. Narrowing Bollinger Bands on weekly chart
9. Price walking on upper Bollinger Bands on daily charts
Can be a Good Buy on dips and dips only as Major Support is at 229-243 zone where as next resistance above 275 can be 331 - 364 zone
Lets See How it evovles
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
IRCON BULL RUN 20 POINTSIrcon is currently in a downtrend zone, retracing to a previous low after a significant bull run. In this downtrend, there is an opportunity to gain a margin of approximately 20 points, which is around a 7% margin. It's important to note that within every downtrend, there are also minor uptrends—a valuable point to consider.






















