Ircon international Ircon international. Head & shoulder break out..quick 15_20% return possible.cmp:45.8 sl:42 target:53-54.
IRCON trade ideas
Ircon International Ircon International
Inverse H&S Pattern: Weekly Basis
Price Trendline BreakOut
Vol. BreakOut
Good to Go!!!
Strick SL to be Maintained & Trailed.
Do Your Own Research as well!!
Happy Investing:)
IRCON , Breakout with volumeIRCON has given a good breakout with volume, Go long with SL of recent Swing low. Like Comment and Follow.
Ircon International- in sweet spot-Extremely bullishstock after listing trading in a constant level, touched the base and rebounding. Tested the based thrice and rebounded.
Expecting a healthy recovery from this price,
Ircon InternationalIts time to share my view on ircon international stock,
My View Is, Ircon was stuck in High 54 and Low 40 , i mean this range which play ircon,
so am just sharing my view on Ircone International ,
Its for educational propose , see and learn , How react chart pattern and structure
"Passion With Chart , Know With HeartBin"
Market Cap = ₹ 4,392 Cr.
Current Price = ₹ 46.7
Stock P/E = 9.01
Book Value = ₹ 48.6
Promoter holding = 73.2 %
Debt = ₹ 943 Cr.
double bottom pattern formation.support and ressistence working nicely. good chance for a swing trade.
IRCON symmetrical triangleIRCON symmetrical triangle emerging and poised to break out
watch this break out closely and long term target is Rs 135
IRCON: on the verge of potential 20% upsideAs it breaks the triangle pattern, go for it.
Target: 59-60
High volumes and RSI suggests the same.
Consider this idea for educational purpose only.
Expecting Breakout ✌✌✌This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
IRCON levels...26.09.2021 ( D candle)IRCON ...Its breaks the trend line and it will touch 50+ in short term, keep SL as 40@ Daily candle closing basis
irconjust wait for ircon come back.... once it will come it will rock and atleast it will give 25% return within 1 month
IRCONStock has bounced from the demand zone and looking good to go up. Maintain close below the demand zone as SL.
IRCON looking good for short term investmentStock trading very close to the trend line support on day chart...
IRCON INTERNATIONALA Symmetrical Triangle pattern on weekly charts.
There has been a lot of tension around the 93 level and the volumes suggest this time it could breakout well.
This chart call is a bit pre mature awaiting a breakout, but just with a hunch that it could do well , I'm taking a risk before the breakout.
Safe investors can take it only after it closes above and sustains above 93.
Available at bargain price a sure gain Trading at strong support, below its Offer for sale price.
Govt. is fully committed to spend big chunk of money into infra sector.
Company could announce bonus in next meeting.
Company has good order book.
Price got down only due to govt. stake sell at discount price.
Ircon International Ltdas last 6-month share price performance is only 4-5% and after ofs is good for buy. for the long term.
IRCON’s order book as of December 2020 was Rs 32,800 crore which is equal to 7 times its trailing 12 months revenue. Almost 94% of its order book is from the Railways. source -The Economic Times
IRCONs strength remains in the railway sector & around 80% of the total revenue in FY20 was generated from the rail and related projects.
* This research is only for learning perpose
