flag pattern breakout in IRFCentry above the sloping line
stop below the line
stock broke-out consolidation and formed a flag pattern
flap pattern breakout ( stock in bullish momentum )
IRFC trade ideas
IRFC-Placed at great levelIRFC showing positive price action. After retesting weekly breakout level, stock has broken the downtrend and headed towards 43-45 levels. In my view, this stock can also see 3 digits also if someone has holding capacity for 24-36 months.
Range Bound Consolidation waiting for a blast ?Stock follows the flow of consolidation and boom
Good Business case study done by fundooprofessor blog,
The valuation is very low with respect to P/E
Will observe this for years
Railway Sector looking good for next ten to 15 years 1. The Indian Government is undertaking several initiatives to upgrade its aging railway infrastructure and enhance its quality of service. The Railway Ministry has announced plans to invest ₹5,400,000 crore (equivalent to ₹57 trillion or US$720 billion in 2023) to upgrade the railways by 2030.
2. The National Rail Plan (NRP) is driven by a vision to augment capacity, improve infrastructure, and increase rail freight share to meet future demand. The Plan is focused on developing adequate capacity by 2030 to cater to projected demand until 2050.
3. 58 Super critical Projects of a total length of 3750 kms costing ₹39,663 Crore and 68 Critical Projects of a total length of 6913 kms costing ₹75,736 Crore, have been identified for completion by 2024.
4. So, Railway sector will be in bullish trend for next ten years, IRCON,IRFC, TEXMORAIL, IRCTC, L&T, RVNL, RAILTEL are some of the stock, one can look for.
IRFCEntry above 78.5
Targets: 95/110
SL: weakness below 75.5
EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
Price took support at EMA 50 and moving sideways above it.
Indian Railway Finance Corp (IRFC) - Long Setup, Move is ON...#IRFC trading above Resistance of 68
Next Resistance is at 84
Support is at 45
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Resistance Breakout - IRFCPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
IRFCMarket Cap: ₹ 1,21,036 Cr.
Stock P/E: 20.0
ROCE: 5.32 %
Company has delivered good profit growth of 25.3% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 30.7%
Shareholding Pattern for Sept 2023 is 27,03,000 out of this 86.36% are Promoters, 10.88% are Public and 1.14%, 1.63% are FIIs and DIIs respectively.
Strong Breakout on daily time frame with Volume Spurt of Basing Pattern.
Entry: 96
Target: 115
Sl: 85
Disclaimer: Strictly for educational purpose.
Analysis of IRFC Chart under MB MentorshipIRFC MB Break Chart Analysis
What is MB Setup :
A Best momentum break strategy that gives the max return under 10 days
IRFC stock first profit target at 78.0 and a second target 81.90In my analysis(for 1 week), I've identified a potential trade idea for the IRFC stock. Based on my evaluation, I see two profit targets. The first target is set at 78.0, while the second target is at 81.90 . To manage risk, it's important to establish a clear stop-loss level.
**Trade Idea:** Consider a long position(1 week) on IRFC stock with a first profit target at 78.0 and a second target at 81.90 . Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target--> 78.0
2nd Target --> 81.90
Thanks
Kambi
IRFC good example of triangle patternIRFC is not having a good history (for charting on the chart).
but can be look after for good trade setup with daily timeframe.
Triangle Pattern Breakout - IRFCPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
#IRFC Bought @79.65Bought #IRFC @ breakout of previous swing high breakout after long box consolidation after a big move
Brekout in irfc 📌SWING TRADE FOR NEXT WEEK🚀
Hello guys,
I am a swing trader by passion i only trade on swing stocks.
📌I post daily SWING CHARTS analysis on my trading view profile..
so let's start
📌TRADE ANALYSIS OF IRFC:-
•Potential Breakout Chart
•Darvas Box Type Pattern
•Strong Bullish Momentum
•Overall Trading In a HH-HL Formation
•Trading Near ATH Levels
•Good Retest From The Demand Zone+EMA
•Decent To Flattish Volumes Near The Breakout Zone But Should Rise Post Breakout
•Looks Good For 10-20-30% Upside Levels After The Breakout.
📌 Add on your watchlist....
📌 If you have any questions about any stock you can DM me Or comment on post 📱
📌Disclaimer:-
This all chatrs analysis are only for educational purposes only
I do not provide any CALL or Tips
irfc narrow range1 target 78.85
2 target 81
3 target 91.50
it's my point of and take decision based on your view.
irfc absorbing all the suppliesif it breaks out today, the stock might rally good today, lot of contraction and tightness
IRFCConsolidating after a big runup, cooling down and setup wedge pattern. Should start breakout sooner
IRFC Analysis Stock is trading in demand zone with pole and pennant pattern, BO may be seen once zone will be broken .
IRFCvcp characteristics
-The Stock must be in stage 2 uptrend.
-A period of price consolidation must take place in thebase. ...
-Price volatility must contract through the base (from left to right). ...
-Price must correct through a series of smaller contractions.
IRFC Strong Support at 20EMA#IRFC Strong Support at 20EMA
Can give upmove from here after a short consolidation.
Keep on Radar.
#BreakoutStock #TradingStrategies #StockMarket #Nifty
And oh yeah, remember this:
P. S. - Trade and chill out. Chances are we're in simulation. So don't take life too seriously. Enjoy before it expires.
Signed by TrendX Corp of Planet Earth.
IRFCIRFC has upside view. Broken the Downtrend resistance with ample volume. It may Retest and Move upside. 82 is First Target and 86 up to.
#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
