Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions.
Heres a fresh track for Indian Railway Finance Corporation Limited, IRFC, trading at 128 as of March 19, 2025, and what the charts are signaling. The past five days have been a steady haul, climbing from 119 to todays close, with a Three White Soldiers pattern lighting up the signal boxa bullish continuation thats got traders on board. Supports firmly laid at 117, the low from March 17, where the stock fueled up for this run, offering a reliable platform if it backtracks. Resistance is up ahead at 141, a barrier thatll test this trains horsepower, while the 52-week high of 229 from July 2024 sits 44 percent furthera long haul yet. The RSIs cruising in neutral territory, leaving space for more steam before overbought alarms ring. The MACDs oddly bearish, suggesting momentums lagging behind the price actionkeep an eye on that switch. The ADX is strong, backing a trend with some traction. Volatilitys tame, with ATR around 0.3 to 0.4, keeping the ride smooth. The Stochastic %K, Stochastic RSI, and Williams Percent Range are all flashing overbought, hinting at a possible halt if the coal runs low. Delivery datas steady, above 22 percent and hitting 27 percent today, proving this rallys got real freight. Traders, heres the timetable: buy dips near 118 with a stop below 117, aiming for 141watch those overbought signals for a potential derailment.