Yes , Now it is consolidating in it's range but once it breaks its trend line with volume and remains there , It wont take time to reach 49+...
NOW , FUNDAMENTALS:: Indian Railway Finance Corporation (IRFC) will raise up to Rs 3,000 crore through issuance of unsecured, redeemable, taxable non-convertible debentures (NCD) maturing in 10-year. The NCDs have a base issue of Rs 500 crore, with retain oversubscription of Rs 2,500 crore.
I've completed my analysis of IRFC . My target is that it will go down to 23 or 1 or 2 rupees dip more.. rupees in these days if market takes correction otherwise it will start it's rally till 50 rupees.
TARGET OF PRICE RALLY IN IRFC FOR 1-2 YEARS Upside target 124.05 Upside target 112.77 Upside target 24.28 Downside Target 23.99 Downside Target 23.64 Downside Target 23.3 Downside Target 23.24 Downside Target 20.92
Bond 8.00% Pa Tax Free S1 IRFC Opened at 24.85 & Closed at 24.15 and moved inside a range of 24.05-24.95
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