IRFC - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 2.9

Here’s a full technical breakdown of Indian Railway Finance Corporation Ltd (IRFC)

📉 Trend Overview

Current Price: ₹127 is below both the 50 DMA (₹135) and 200 DMA (₹138), indicating a short-term downtrend.

Trend Status: The stock is reversing from its highs and currently in a bearish phase, with weak momentum and declining price structure.

📊 Momentum Indicators

RSI (32.4): Near oversold territory, suggesting potential for a technical bounce, but not yet a confirmed reversal.

MACD (-2.26): Negative, confirming bearish momentum and lack of buying strength.

Volume: Current volume (99.7L) is slightly below the 1-week average (103.9L), indicating moderate selling pressure and low conviction.

📈 Moving Averages

Indicator Value Signal

50 DMA ₹135 Price below – Bearish

200 DMA ₹138 Price below – Bearish

📌 Support & Resistance Zones

Level Price (₹) Commentary

Support 1 ₹120 Minor support from recent lows

Support 2 ₹108 52-week low – strong support zone

Resistance 1 ₹135 50 DMA – key resistance

Resistance 2 ₹145–₹150 Prior breakdown zone and psychological barrier

📍 Entry & Exit Zones

Optimal Entry: ₹120–₹127 (if RSI dips below 30 and MACD flattens)

Exit Target: ₹135–₹145 (if reversal confirms with RSI > 45 and MACD crossover)

📊 Bollinger Bands Insight

Price is likely near the lower band, suggesting oversold conditions and potential for a technical rebound.

Bands are moderately wide, indicating volatility.

🔍 Chart Pattern Insight

No clear bullish reversal pattern yet.

Price action suggests a retracement from the 52-week high of ₹193.

Watch for trendline resistance near ₹135.

🧭 Summary

Technical Bias: Bearish

Momentum: Weak, nearing oversold

Trend: Reversing from highs

Suggested Strategy: Wait for confirmation of reversal before entering. Ideal for short-term swing if support holds and indicators improve.

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