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Irfclong

IRFC - Strong Support Zone (Swing Trade Setup)Indian Railway Finance has been trading around a major support zone between ₹130 and ₹135, which has been tested multiple times in the past. The stock has shown signs of rebounding off this zone. Support Zone: ₹130 - ₹135 (highlighted in orange) Current Price: ₹141.99 Potential Rebound: The price is currently bouncing from this strong support area, which has held up well over several months. This indicates potential buying interest around these levels. Entry Strategy: I’ll be watching for further bullish confirmation. A 15-minute candle breaking above today's high or a strong daily close above ₹142.80 could be an indication to enter the trade . Risk Management: If the price closes below ₹130 on a daily candle , I’ll consider exiting the trade as it would indicate a breakdown of the support zone. This setup provides a favorable risk-to-reward ratio, especially given the multiple bounces off the support zone in the past. If the support holds, the stock could be in for a significant upward move. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
NSE:IRFCLong
by gupshupblog
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 Stock Analysis for the Next 52 WeeksDisclaimer: I am not a SEBI registered Financial Advisor and the analysis provided below is for educational purposes only. Indian Railway Finance Corporation (IRFC) has been a hot topic in the stock market recently, with its exceptional performance over the last 52 weeks. As of 15-03-2024, the stock closed at 136.95 after reaching a high of 192.8 during this period. With an annualized historical volatility of 69.16%, there is significant interest in understanding its potential trajectory for the next 52 weeks. Before delving into the future possibilities, let's consider some key assumptions for this analysis. Firstly, we assume that the risk-free interest rate, represented by the RBI Repo Rate, will remain stable at 6.5% until 17-03-2025 . This assumption forms the basis for evaluating the stock's attractiveness compared to alternative investment options. To continue its uptrend, IRFC would need to test 154.90 first, which is the projected 52-week forward price based on the current REPO rate. If the stock successfully reaches this level, it could signal further positive momentum. However, it's essential to exercise caution and not chase prices blindly. In this analysis, the strategy is to start accumulating IRFC shares if the stock retraces from its high and falls to around 100. This accumulation strategy is based on the belief that IRFC's fundamentals and growth prospects justify investment at lower price levels. It's important to note that this strategy involves monitoring market conditions closely and being prepared to adjust positions accordingly. A stop-loss price of 76.35 has been set as a precautionary measure to limit potential losses in case the stock doesn't perform as anticipated. This stop-loss level is determined using a proprietary risk analysis algorithm, emphasizing risk management and protecting capital. Looking ahead to 17-03-2025, which is 367 days from 15-03-2024, the target price for IRFC is set at 300. This target reflects a bullish outlook on the stock's potential for growth and value appreciation over the specified timeframe. However, it's important to remember that targets are projections based on current information and market conditions, and actual outcomes may vary. In conclusion, the analysis of #IRFC for the next 52 weeks suggests a cautiously optimistic approach. While the stock has shown strong performance in recent times, investors should remain vigilant, consider risk management strategies such as stop-loss levels, and conduct thorough research before making investment decisions. Market conditions can change rapidly, and it's crucial to adapt to new information and adjust strategies accordingly. This analysis serves as an educational tool and does not constitute financial advice. Investors are encouraged to consult with SEBI-registered Financial Advisors or conduct their due diligence before making investment decisions.
NSE:IRFCLong
by IndexAce
IRFC looking good for Long term. Indian Railway Finance Corporation is a schedule “A” public sector enterprise under the administrative control of the ministry of Railway, Government of India. Company has also been leading to various entities in Railway sector like Rail Vikas Nigam limited (RVNL), Railtel, Konkan Railway Corporation limited (KRCL), Pipavav Railway Corporation Limited (PRCL), etc. CMP – 27.95. Negatives aspect of the company are FIIs and MFs are decreasing stake. Positives aspect of the company are zero promoter pledge, improving annual net profit and improving quarterly net profit. Entry in the stock can be taken after closing above 28.3. The targets will be 29.5 and 30.9. Long term target in the stock will be 32 and 34+. The stock is a long term investment idea. With a dividend yield of 5.1 at current market price. Stop loss should be maintained at Monthly closing below 25.
NSE:IRFCLong
by Happy_Candles_Investment