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INDIAN RAILWAY FIN CORP LINDIAN RAILWAY FIN CORP LINDIAN RAILWAY FIN CORP L

INDIAN RAILWAY FIN CORP L

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IRFC trade ideas

Buy IRFC**Trade Setup: IRFC (Indian Railway Finance Corporation Ltd.)** The IRFC share is showing strong support in the 170 to 175 range, making it a promising buy opportunity between 176 and 182. A stop loss should be set at 168.49 to mitigate potential downside risks. The targets are clearly indicated by the green horizontal lines on the chart. **Fundamental Overview:** IRFC plays a crucial role in financing the Indian Railways, which is a key sector in India's infrastructure development. With stable earnings and strong backing from the government, IRFC continues to be a reliable stock in the Indian market. The company has a robust business model, focusing on low-risk lending to Indian Railways, which provides a steady stream of revenue. As India continues to invest heavily in rail infrastructure, IRFC stands to benefit significantly, making it an attractive option for long-term investors.
NSE:IRFCLong
by Rushilism
7
IRFC - Strong Bullish Momentum (Buy & Hold)Technical Analysis of IRFC (INDIAN RAILWAY FIN CORP L) Overview of the Chart :-The chart provides a technical analysis of IRFC on a 1-hour timeframe. It includes: Price action: The recent price action shows a bullish trend with the price currently above the 200 EMA (Exponential Moving Average). Support and Resistance: Key support levels are identified at 189.15 and 179.66 (0.236 Fibonacci Retracement level). Resistance levels are at 215.21 and 229.04 (Sell Zone). Trading Ideas Based on the Analysis Bullish Scenario: Breakout: - A decisive break above the 215.21 resistance level could signal a stronger bullish trend. Buy Signal: - A close above the 189.15 support level could be considered a buy signal. Target: Potential upside targets could be the 229.04 resistance level and beyond. Bearish Scenario: Breakdown: - A clear break below the 189.15 support level could indicate a bearish reversal. Sell Signal: - A close below the 179.66 support level could be considered a sell signal. Target: Potential downside targets could be the 172.48 level and lower Fibonacci retracement levels. My Personal Opinion:- As per previous chart history and current chart pattern along with technical analysis, I am Bullish in IRFC Disclaimer: This analysis is based solely on the technical indicators. It does not consider fundamental factors or market sentiment. Trading involves risk, and past performance is not indicative of future results. Always conduct your own research or consult with a financial advisor before making investment decisions. Thanks for your support as always
NSE:IRFCLong
by ForexTrader4all
Mastering Elliott Waves: Key Rules You Can't IgnoreEducational Idea : Understanding Key Principles of Elliott Wave Theory Introduction Elliott Wave Theory is a powerful tool used by traders to analyze market cycles and forecast future price movements. Understanding its core principles can help you make more informed trading decisions. In this article, we will delve into three fundamental principles of Elliott Wave Theory that cannot be violated. Remember, this video is purely for educational purposes and not intended as trading advice or tips. 1. Wave 2 Can Never Retrace More Than 100% of Wave 1 The first principle of Elliott Wave Theory is that Wave 2 can never retrace more than 100% of Wave 1. In other words, Wave 2 cannot go below the starting point of Wave 1. If it does, it invalidates the wave count and suggests that the initial impulse wave (Wave 1) was incorrectly identified. This rule ensures that Wave 2 is a correction wave within the larger trend and not a reversal of the trend itself. Example Illustration: - If Wave 1 starts at 100 and peaks at 150, Wave 2 can retrace to any level above 100, but not below it. 2. Wave 3 Can Never Be the Shortest Among All Three Impulse Waves (1-3-5) The second principle states that Wave 3 can never be the shortest among the three impulse waves (Waves 1, 3, and 5). Typically, Wave 3 is the longest and most powerful wave, characterized by strong momentum and volume. If you find that Wave 3 is shorter than either Wave 1 or Wave 5, the wave count is incorrect, and you need to re-evaluate your analysis. Example Illustration: - If Wave 1 is 50 points and Wave 3 is only 30 points, while Wave 5 is 40 points, this violates the rule as Wave 3 is the shortest. 3. Wave 4 Cannot Enter the Territory of Wave 1 (Except in Diagonals & Triangles) The third principle asserts that Wave 4 cannot enter the price territory of Wave 1. This means that the lowest point of Wave 4 should not overlap the highest point of Wave 1. An exception to this rule occurs in diagonal and triangle patterns, where some overlap is permissible. This rule helps maintain the integrity of the impulse wave structure. Example Illustration: - If Wave 1 peaks at $150 and Wave 4 retraces to $145, this overlaps and invalidates the wave count unless the pattern is a diagonal or triangle. Conclusion By following these principles, you can ensure that your Elliott Wave analysis remains robust and accurate, helping you navigate the complexities of the financial markets with greater confidence. Understanding and applying these key principles of Elliott Wave Theory can significantly enhance your market analysis and trading strategies. Keep these rules in mind as you study and apply Elliott Wave Theory in your trading journey. Remember, this video is purely for educational purposes and not any kind of trading advisory or tips. This content is for educational purposes only and should not be considered as financial advice. Always do your own research before making any trading decisions. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Feel free to share your thoughts or questions in the comments below. Happy trading! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:IRFCEducation
by RK_Chaarts
13
#IRFC breakout trade setup (17/07/2024)Greetings Folks, today I have prepared a setup of NSE:IRFC on NSE the analysis is as follows- - the price has reached the 50% retracement again - the textbook knowledge is the more the support gets tested the more weaker it gets, same applies with resistance - please consider the trap mentality of money makers as the volume in the stock is low and the stock is not necessarily bearish, stay alert if u plan to short - i have chosen small targets regarding the upcoming pre budget volatility don't play with fire, always use a predefined stop loss
NSE:IRFC
by profitpujari
IRFC S/R for 12/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
NSE:IRFC
by zenthosh
Indian Railway Finance Corporation LtdTARGET AND SL - MENTIONED IN CHART FUNDAMENTALS Market Cap ₹ 2,43,658 Cr. Current Price ₹ 186 Stock P/E 38.0 Book Value ₹ 37.6 Dividend Yield 0.80 % ROCE 5.73 % ROE 13.6 % Face Value ₹ 10.0 Price to book value 4.96 Intrinsic Value ₹ 70.0 PEG Ratio 1.63 Price to Sales 9.14 Debt ₹ 4,12,039 Cr. Debt to equity 8.38 Int Coverage 1.32 Reserves ₹ 36,110 Cr. Promoter holding 86.4 % Pledged percentage 0.00 % EPS last year ₹ 4.91 Net CF ₹ -140 Cr. Price to Cash Flow 30.8 Free Cash Flow ₹ 7,906 Cr. OPM last year 99.5 % Return on assets 1.31 % Industry PE 27.4 Sales growth 11.5 %
NSE:IRFCLong
by madhu2811
IRFCthe IRFC chart is in early stage of reversal. According to my knowledge of Elliot Wave theory, there is a clear divergence in daily char and the first fall after the fifth wave is quite sponge. the current stage is wave A which is the first fall after the completion of 5 waves. Selling is not suggested at the current stage but booking 50% of profits is advisable. Do note that this is still early stage of completion so take the dissection accordingly. Try not to create any new long positions according to my knowledge. If you are also an ellition, do provide your feedback.
NSE:IRFCShort
by Rutvik_12121
3