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Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
IFCI Limited is a financial institution that caters to the long-term finance needs of the industrial sector. The Company offers a range of debt products based on the specific requirements of the corporate.
P/B: 1.45
Mkt Cap (Rs. Cr.): 4,643
Sector PE: 8.45
Book Value Per Share: 12.87
Positives:
Strong Momentum: Price above short, medium and long term...
For Educational Purpose..
⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased
⚠️ No Buy Sell recommendation, do your own DD.
#IFCI (IFCI LTD) IS READY TO BUY LONG
- Last 3-4 Months Volume Massive
- Multi Year Trendline Breakout
-
Waiting Time 3-6 Months
Long Above (Required Candle close) - 31.5
SL - 21.5
Target - 41.5, 51.5 & More...
Thank you
Take entry at 17.50 to 18.50
Target 23.70 and 31.75
Belongs to finance sector and today made new high so now it is ready for next major target.
Next Average at 12Rs
Rounding Bottom Breakout in Progress Already Breakout has happened.
T1- 27.7
T2- 31.85 ( To be trailed with Rs1)
SL - 17.75
Bhar lo jitna Bharna Hai :-)
There is no guarantee in stock market and Nothing over week
STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS}
IFCI Ltd
Target: RS 55.40
CMP: RS 52.80
ENTRY RANGE: 52.25-53.3
STOP LOSS: RS 44
Disclaimer: I am not Sebi Registered.
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...
📊 DETAILS
Sector: Finance Term Lending
Mkt Cap: 7,269 cr
IFCI, previously known as Industrial Finance Corporation of India, is an Indian Government owned non banking finance company established to cater to the long-term finance needs of the industrial sector.
TTM PE : -- (Low PE)
Sector PE : 13.46
Beta : 1.56
📚 INSIGHTS
Momentum Trap
Strong...
Stock coming out of long base. It is sustaining and after forming 9Week base of 23% range it is came out.
It is cruising above all its key moving averages. 25-26 shall act as a support. if it close below it then our view stands invalid.
36-44 are the immediate levels which can be tested and if it manages to close above it and sustained over these levels then...
