IRCON AFTER completing 3rd wave stock correcting and has a support at 145,137 and 127 as marked in chart
IRCON trade ideas
ircon all set for next rallyircon has formed a volume contradiction pattern and given a break out however it is important to wait for this week's candle to close for better conformation We can expect a move of 40-50% and also it is also important to have an sl below 80
Ircon international Ircon international recently won an order from govt of rs 144 crores novice traders will follow up the news and buy but being a technical analyst it my obligation to share a knowledge with my folks and mass globally
Ircon international have been trading in a pennant chart pattern breakout awaited go with low qty for buying on a successful breakout add more
Keep in watchlist
Ask your financial advisor before buying
Only for educational purposes
IRCON BUYIrcon forming a Triangle pattern. Buy at current market price . If it breaks above 92 then it can achieve the above targets mentioned
IRCON Breakout Its a top performing stock in this sector
IRCON International Limited, commonly known as IRCON, is an Indian government-owned engineering and construction company. It specializes in infrastructure projects such as railways, highways, bridges, tunnels, airports, and buildings. IRCON was established in 1976 and is headquartered in New Delhi, India.
As a government-owned company, IRCON is listed on the stock exchanges in India. It is primarily listed on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker symbol "IRCON." Investors can trade IRCON shares on these exchanges.
IRCON SWING AND INTRADAY TRADEswing and intraday trade take entry once the trendline get broken with good volume candle close rr is like 1:3rr which is good enough
IRCON- sell on riseafter good result and rallying for continuously for last few days we are now near to our target zone of 84-88.75 .one can book some profit here as likely target as per fibo ext of 3rd wave con sides in this range.
IRCON: SwingIRCON: Swing
Look for a swing opportunity.
Note: Do your own due diligence before taking any action.
Ircon international Ircon international a government company looks good for positional and 2x swing tgt
A very decent pick amid pre and post budget 2023
Having a resistance at 66 if breaks 66 it can head for 80rs levels
Volume building up slowly slowly
Ask your financial advisor before buying
Only for educational purposes
positions can be made please view the charts for further self-analysis. the whole sector will be trending till budget
IRCON RALLY WILL SOONIrcon if closing 51.20 in weekly then the ircon will reach the target as mentioned
but it is short term target so be patient up to 3 month for achieving the last target
note: this is only for educational purpose not for stock recomendation
IRCON IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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IRCON Channel walkIRCON following channel from some days, but today almost break the channel but unfortunately it ends in negetive direction.
IRCON Short Term ReversalThe stock has reached lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple support zones & lower trendline. The target is placed near upper trendline and swing high.
Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
Ircon is on the way to finish the consolidation since inception It's for educational purpose only . It may be wrong . Just sharing my idea for knowledge
IRCONShort Term : Can enter Near 46.05 for a short Swing.
Long Term : In Channel since Inception.. Good to buy once it breaks the channel.
Ircon expecting up-trendNSE:IRCON
IRCON
Technical analysis: Ircon International Ltd.
I have also provided some support and resistance area in above chart.
Buy entry point Between 88 To 90
T.P - 95.3 and +(plus)
Stop-loss 85
Friend please analyse before taking any action do not depend on my analyse its just for education purpose only and follow the proper risk management and also share your ideas in comment section. If you like my Ideas please Like and Comment below.
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Comment: Ircon International Ltd. Still in Trend-line so please keep eye on that.
