IRFC - RUNNING BACK ON TRACK - IF CLOSING ABOVE 132Everything is pretty much explained in the picture itself.
I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience.
I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions.
Kindly check my older shared stock results on my profile to make a firm decision to invest in this.
Kindly dm for further assistance it is for free just for this stock.
Thank you and invest wisely.
IRFC trade ideas
IRFC at supportAfter a good rally, the stock is trading near major support. If it breaks down with a close of the weekly candle below support, then the first target will be 116, and the second will be 90 easily.
It looks strong and will turn bullish on a weekly close above 170.
For a successful breakout/breakdown, we should ideally see a strong respective timeframe candle on our chart to close —it’s crucial to use that timeframe.
Following the breakout/breakdown, the ideal entry point would be after a consecutive candle that breaks above/below the breakout/breakdown candle
As always, remember to do your own research before making any investment decisions!
IRFC - Trap Completed - Second Entry Initiated."Everything is pretty much explained in the picture itself.
I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience.
I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions.
Kindly check my older shared stock results on my profile to make a firm decision to invest in this.
For any query kindly dm.
Thank you and invest wisely. "
INDIAN RAILWAY FIN CORP LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
IRFC - Change in market structure break of double bottom patternIRFC on daily timeframe witness change in market structure by forming higher high and higher lows as well as breakout of the trendline showing a bullish potential up to the retracement level by aiming 1st target of 180 and 2nd target of 192, managing risk by keeping a stoploss of 154
IRFC RSI Range Shift
Need to cross 162 and sustain (candle should be cover 50% resistance level)
RSI crossing 60 on daily basis
Weekly 53 (means this week need to cross 60 RSI)
monthly RSI above 60
Simple Support and resistance
"W" pattern
Double bottom pattern
Stock will not moved will take time as Volume is Dry
IRFC BREAKOUT LEVELS🚀 IRFC Breakout Levels to Watch! 📈
🔹 Resistance Level: ₹ 164.64
A breakout above ₹170.68 could send IRFC soaring towards ₹30–₹32! 💥
🔹 Trend Watch: Volume is key for confirming breakouts! 🔑
📊 Keep an eye on these levels for potential trading opportunities. Always set your stop losses and trade with caution! 📉
#IRFC #StockMarket #BreakoutLevels #TechnicalAnalysis #Investing #StockTrading #MarketUpdate #InvestSmart
IRFC - FIRST ENTRY HAS INITIATED AFTER LEVEL CONFIRMATIONEverything is pretty much explained in the picture itself.
I am Abhishek Srivastava | SEBI-Certified Research and Equity Derivative Analyst from Delhi with 4+ years of experience.
I focus on simplifying equity markets through technical analysis. On Trading View, I share easy-to-understand insights to help traders and investors make better decisions.
Kindly check my older shared stock results on my profile to make a firm decision to invest in this.
For any query kindly dm.
Thank you and invest wisely.
IRFC | Visit Chart For Details Hello,
Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum.
Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend.
Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios.
Details is Mentioned in Chart, Read carefully.. .
IRFC NEXT SUPPORT IS 120 AND 130 BEST SUPPORT DONT SELLIndian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease.Company has been maintaining a healthy dividend payout of 30.8%
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.