IRFCWolfe Wave seems to be on the cards.
Longer the base, explosive the breakout.
Railway Theme
It can also be seen as a Pennant on larger Time frame
IRFC trade ideas
IRFC Trendline break1:3 RR , do your own research before enter, IRFC Trendline break.
Not a sell or buy recommendation
It's showing bullish trendIt seems like breaking the double bottom trend.
Disclaimer, I am just beginner do your analysis own. I am just publishing here my opinion.
ACUMULATE IRFCNSE:IRFC Time for railways stocks to start catching up. As the election starts approaching we are going to start seeing a booster in railway stocks. IRFC is a strong name. Targets are intact. STOP LOSS IS UP TO YOU GUYS. Please average in or have a strict stop loss. Do your own reserch. No buy sell reco
Descending Channel breakoutThe stock has broken a triangle pattern at 141 with 3x volumes. Buy for a target of 185. Risk reward of 1:3
IRFC Looking good for this level buy and hold above 142 breakoutIRFC looking good if any buy have a buy position then hold till election
HOLD IRFC BUY POSITION MY DREAM TARGET 224-234
irfc break the stage 2 uptrend sagairfc in stage 2 uptrend must have in radar as the next consolidation begins
IRFC Weekly Chart Analysis IRFC weekly chart looking in strong up trend . now irfc is trading in a range from last two week.
if irfc gives a breakout after budget . we can consider above 185.
IRFC closed with good volume and RSI looking amazing This is not buy recommendation. Is for only educational purpose and my point of view
Is this the start of bull run in IRFC?Irfc was consolidating right from its listing in 2021. However, few months back, it gave a huge breakout from its supply zone of 25 to go upto 37 levels.
It has recently given a retest of same level and going up to test the levels of 37 again.
If 37.1 is broken, a higher high, higher low trend can be confirmed on weekly basis and it will indicate that a bull run might finally start in IRFC.
Definitely, a safe bet for long term considering the huge developments taking place in railway field.
IRFC Support and Resistance By Ai Analysis.A breakdown of the process:
Identify Previous Price Levels:
Look for areas on the chart where the price repeatedly bounced off a certain level (support) or struggled to break through a certain level (resistance).
Mark these levels on the chart with horizontal lines.
Draw Trendlines:
Connect a series of higher lows to identify an upward trendline (acting as support).
Connect a series of lower highs to identify a downward trendline (acting as resistance).
Use Moving Averages:
Calculate moving averages (such as the 20-day, 50-day, or 200-day) and observe how the price interacts with them.
Moving averages can often act as dynamic support or resistance levels.
Apply Technical Indicators:
Consider using indicators like Fibonacci retracements, pivot points, or Bollinger Bands to help identify potential support and resistance zones.
Specific to the IRFC chart you provided:
Visible Support Levels:
Approximately 160.00
Approximately 140.00
Potentially around 120.00 (based on previous lows)
Visible Resistance Levels:
180.00 (current price level)
Potentially around 200.00 (based on previous highs)
Key Points to Remember:
Support and resistance levels are not exact science and can change over time.
It's important to use multiple methods to confirm potential levels and consider the overall market context.
Price can break through support or resistance levels, so be prepared to adjust your analysis accordingly.
Consider using volume and other technical indicators to strengthen your analysis.
Additional Tips:
Use longer-term charts (e.g., weekly or monthly) to identify major support and resistance levels.
Look for areas where multiple levels of support or resistance converge for potentially stronger levels.
Pay attention to how the price reacts near these levels, as it can provide clues about their strength.
IRFC Weekly Chart AnalysisIRFC is looking strong on weekly chart
Strong Uptrend Seen on Chart
Govt Policy will help to grow irfc
IRFC for one more rally ???IRFC has given a fresh breakout after many days of consolidation.
This is also backed by a good number of volumes.
Also, there is money flow in this stock which gives clarity to the setup
Strong momentum can be seen above 88
Entry - at CMP & add till 78 ( also till 88 )
SL - 78 and 76
TGT - take 10% and keep trailing SL
-- DISCLAIMER --
I am not a financial advisor or SEBI registered.
This is just a view.
Please DO YOUR OWN RESEARCH before investing in any stock.
Happy trading.
Peace.
irfc MAY BE 5-7% or moreIn irfc if you see octomber, november,and 10 days of december is consolidation month in volume after big rally happend in september. and fast forward to right now there is called vcp(volatile contract pattern) is clearly visible in chart and recently give breakout of trendline and vcp setup with good amount of volume so there is also buying coming.
after that another consolidation happend.(it's around 11 days consolidation). so now again create a good setup so may be some move expected. and also some movement happend in railway sector so another good point.
INDIAN RAILWAY FIN CORPINDIAN RAILWAY FIN CORP (1W)
CMP 34.95
Given Insidebar Breakout on Weekly Chart after 8 Weeks consolidation Phase
Strong Support Zone near 32
One can Add for Target of 44, 56+
IRFCKeep a watch on irfc. if it crosses 37.4 level than be ready for buy. will have a gud target in one year. within one year it may be near 60-64
IRFC cant keep eye offif it close above 91 for two days then 90 will be a major support for it otherwise a resistance
Next target will be 100+
but have to see it close above 91 or not.
Most probably it will get one more pump before consolidating
Tomorrow will be a big day
Looking good as always
IRFC> Good Volumes Since Last 4-5 days
> Breakout done Above 92
> Adding Zone 86-92
> Ready For Big Move
> Expecting 125 Levels
Indian Railway Finance Corp Ltd Buy Above Breakout Price Indian Railway Finance Corp Ltd Buy Above Breakout Price
Buy Above 85
Stock Loss 75
Target 105-120
Holding Time Near 45-60 Days
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions.Consult your financial advisor before taking any decisions.
INDIAN RAILWAY FINANCE CORPORATION LTD IRFC LTD (1D)
CMP 76.10
After A Very Strong Rally stock is consolidating in a Narrow Range
A momentum can be seen in Near future for upside Rally
Already Covered at 34.95
SECTOR : Finance
INDUSTRY : Finance Term Lending
MARKET CAP : 99,438.26 cr.
MIDCAP
PE : 16.39
INDUSTRY PE : 8.27
PEG : 0.63
About Company
The company is the dedicated market borrowing arm of the Indian Railways. Its primary business is financing the acquisition of rolling stock assets, which includes both powered and unpowered vehicles, for example locomotives, coaches, wagons, trucks, flats, electric multiple units, containers, cranes, trollies of all kinds and other items of rolling stock components as enumerated in the Standard Lease Agreement (collectively, “Rolling Stock Assets), leasing of railway infrastructure assets and national projects of the Government of India (collectively, Project Assets) and lending to other entities under the Ministry of Railways, Government of India (MoR). The MoR is responsible for the procurement of Rolling Stock Assets and for the improvement, expansion and maintenance of Project Assets.
IRFC : PRICE WITH VOLUME BREAKOUT...!IRFC Stock on Daily TF we can see that today stock has given strong upside closing. On Daily TF Stock was Consolidate from Sept.2023 and today Stock has given Price Breakout with Volume Breakout. We can see on chart from last couple of month Price movement and Volume was very Low. Today Has has given Strong Momentum on Daily, Weekly & Monthly basis with High Volatility
& Volume. As per Indicators BB Squeeze Opened & RSI Strong above 55 on Daily, Weekly & Monthly Basis. Low Risk Entry @74, with the Support @ 72 and Potential Upside move is 78,80,83 levels can see in Coming Days.
