IFCI trade ideas
IFCI Giving a Strong BreakOutIFCI Ltd. operates as a non-banking finance company, which engages financing activities that cover various projects. It supports projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.The company was founded on July 1, 1948 and is headquartered in New Delhi, India.
Stop-Loss: 65
Target: 85
Consider exiting half your position after a 10-12% gain and hold the rest to capture the trend.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Always conduct your own research or consult with a professional advisor before making any investment decisions.
Industrial Finance Corp LtdIndustrial Finance Corp Ltd (1D)
CMP 24.75
- A Prior Good Buying Force
- Continuation Head & Shoulder Pattern
- Getting Contracted Nicely
- Trading Above KMAs
- Good Volumes Activity
SECTOR : Finance
INDUSTRY : Finance - Term Lending
MARKET CAP : 6,161.79 cr.
CATEGORY : Small Cap
INDUSTRY PE : 8.31
About Company
IFCI provides financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.
Established in 1948 as a statutory corporation, IFCI is a company listed on BSE and NSE. The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutes across the length and breadth of the country.
The company has played a pivotal role in setting up various market intermediaries of repute in several niche areas like stock exchanges, entrepreneurship development organizations, consultancy organizations, educational and skill development institutes across the length and breadth of the country.
Business area of the company
IFCI provides financial support for the diversified growth of Industries across the spectrum. The financing activities cover various kinds of projects such as airports, roads, telecom, power, real estate, manufacturing, services sector and such other allied industries.
Products and services
1) Debenture Trustee
2) Sale & Resolution of NPAS
3) Financial Products
• Loan Products
• Project Finance
• Corporate Finance
• Syndication & Advisory
• Structured Products
Next Multibagger! 11 YEARS BREAKOUTNSE: IFCI (1M)
- It gave 11 years breakout and it will become a multibegger in upcoming years.
long term view
TAKE YOUR SEAT AND BE READY FOR A BULL RIDE
Entry: at retest
SL: 30
TAREGT: T1-70, T2-100 or you can just take 1:1 or 1:2
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
IFCI Ltd - An Opportunity to BuyAs per previous chart history and present chart pattern, an opportunity is seen on the chart. This is my personal opinion and technical analysis
Safe Buy Above - 53
Reversal Zone - 45 - 52
Best Buy Zone - 34 - 40
Wait for reversal or Pullback from this zones mentioned above or buy at CMP
All points are mentioned on the chart itself, study all points before entering in the buy trade setup and Do your own research before buying this stock as I am not SEBI registered person
Thanks for your support as always
Swing Trade idea IFCIIFCI was facing stiff resistance and was trading in a broadening channel since 2021. It made a decisive close above that channel in sept 2023 and retraced. Currently its trying to bounce from the same resistance level. Buy above 25 with a stop below 22 and targets of 33 in coming few weeks.