IRFC TARGET 26.25IRFC weekly falling wedge breakout. Weekly closing is bullish above the weekly trend. Target 26.75. Long-term investment for 5 years is suggested. stop-loss 21
IRFC trade ideas
IRFC Daily looking bullishIRFC Daily looking bullish, it has trendline breakout also Inverted head n shoulder BO. Daily candle has 200 ema support.
Good to buy at 22.15 for target of 24.35 with sl of 21.30
IRFC go long above Horizontal lineIRFC can be bought for bigger target (Long Term) also can be added for swing trades only above horizontal Trend line and target will be blue trend line.
IRFC - Long when hit 22IRFC - Long when hit 22
When it crosses 22 will be bullish,
If it breaks 21 will be bearish for a long time...
IRFC Short - Target 21.50 - Bearish Harmonic PatternAll channels and Analyst suggesting a buy on this stock but on Charts showing Bearish Harmonic pattern.
If it follows this bearish target then very soon we will see a target of 21.70 - 21 INR. Many may not like it.
Stop Loss is above 25.60 closing basis on daily charts.
Be careful with investing at higher levels unless it closes above 52 week high.
TRADING TRIANGLE : IRFC -- POSITIONAL TRADE --NSE:IRFC
>Forming a triangle on 4-hour time frame
>It has breakout on the line chart but not on candlestick chart.
> For good confirmation we should wait to align both charts ( line and candlestick ).
> IRFC is facing heavy resistance at 25.50 to 26.50 range if this break then we can initiate a long position.
>Entry above - 26.50.
> RSI has bullish divergence on daily timeframe.
> There is no past trading data at this level so the target shall be a measured move of triangle range.
#Fundamentals
>Current price is below its intrinsic value.
>Its P/E ratio is less than its peers, which makes it undervalued.
>The financials are getting better and the company reported increased profit.
>Revenue is growing at a higher rate than the industry average.
Breakout in IRFCIRFC has been trading on sideways from the IPO date until today, and it has broken the resistance on trendline. If the market sentiments goes our favour we can except the stock to touch its ATH in the next 3 months.
Disclaimer: Kindly consult with your financial advisor before taking any trade!!
(IRFC) NSE STOCK ANALYSIS 17/03/2022This is an update of our past analysis which is linekd bellow.
Technical analysis:
There exist a double bottom candle pattern formation on the daily chart which is the sign of trend reversal and bullish trend start
Fundamental analysis:
The stock seems to be undervalued as it is very close to its pegged values.
It is a semi-government company which means, if the price falles bellow the pegged price then there are chances of merger arbitrage and liquidation of the entire company.
Such an event is very very rare as this company is responsible for the Indian railway financial contacts and beaurocraces and at the event of its liquidation government may step in and prevent its happening so it seems to be a very safe buy for us.
We should keep in mind that this script may move slowly and the value appreciation may take some longer time as compared to other low liquid and higher volatile stocks.
There are total of 3 Targets as previously defined
Market may follow to the targets with some trend corrections.
W-PATTERN BREAKOUT W-Pattern formed in IRFC daily chart
this means trend is changed
buy and hold as per your risk
Time to take position in IRFC ? 1. IRFC for retest .
2. Time to take same quantity .
3. levels are on chart .
4. government holding companies
IRFCIndian Railway Finance Corporation Ltd (IRFC)
LTP: 23.70
P/E: 5.60
B/V: 29.78
P-B/V: 0.80
the PE ratio and the Price to Book Value ratio is very good.
ROE: 13.34
ROCE: 5.02
ROA: 1.34
Return on equity is good but return on capital employed and return on assets could be better.
EBIDTA has jumped up to 15770 cr in 2020-2021 vs 13421 cr in 2019-2020 and the year isn't even over yet. the financials for the year ending in March 2021 will be very good and should bring down the P/E ratio.
Net profit too has jumped to 4416 cr already vs 3192 cr in 2019-2020
Overall, looks like a must have in the portfolio!
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 🙏🙏
IRFC LONGIFRC tried to break the ATH to time but failed but Lower low cannot be seen here. The third attempt to break the ATH might be successful.
Long on IRFCTime frame : Daily
IRFC is taking good support at current levels and even withstanding the aggressive corrections happening since a past few days.
Good buying at support with impressive RR.
Happy trading!
IRFC Positional View !!IRFC : cmp: 24.6
Trading near the BO lvl of 25.70-26. if it surpass and sustains above the level, a
buying movement could be possible in the near term.
RSI trending up.Good support zone near 22.8 - 24
Accumulation zone : 23.5-25
Profit booking zone may be 29.45/31.85
SL 22.75 Dclbs /According to ur risk apetite.
Positionally can move 34+
Sl 21.5 Dclbs
Disclaimer: Ideas for learning Only.
Learn Regularly. Not occasionally.
next year target above 49 finalized ?Yes , Now it is consolidating in it's range but once it breaks its trend line with volume and remains there ,
It wont take time to reach 49+...
NOW , FUNDAMENTALS::
Indian Railway Finance Corporation (IRFC) will raise up to Rs 3,000 crore through issuance of unsecured,
redeemable, taxable non-convertible debentures (NCD) maturing in 10-year.
The NCDs have a base issue of Rs 500 crore, with retain oversubscription of Rs 2,500 crore.
I've completed my analysis of IRFC . My target is that it will go down to 23 or 1 or 2 rupees dip more..
rupees in these days if market takes correction otherwise it will start it's rally till 50 rupees.
TARGET OF PRICE RALLY IN IRFC FOR 1-2 YEARS
Upside target 124.05
Upside target 112.77
Upside target 24.28
Downside Target 23.99
Downside Target 23.64
Downside Target 23.3
Downside Target 23.24
Downside Target 20.92
Bond 8.00% Pa Tax Free S1 IRFC Opened at 24.85 & Closed at 24.15 and moved inside a range of 24.05-24.95
PRICE ALLY IN IRFC FOR LONG TERM NVESTMENT
Upside Price target 1224.55
Upside Price target 1165.00
Upside Price target 1151.00
Upside Price target 1140.01
Upside Price target 25.46
Upside Price target 25.11
Upside Price target 24.64
Downside Price target 23.89
GUYS I LOVE THIS STOCK FOR INVESTMENT F YOU WANT TO DOUBLE OR TRIPPLE YOUR MONEY JUST INVEST ALL YOUR MONEY ...
(as per your knowledge )
