Stock of the day : Indian Railway Finance Corporation Ltd For Target Rs. 155

2025-06-05 10:44:21 am | Source: Religare Broking Ltd

Stock of the day : Indian Railway Finance Corporation Ltd For Target Rs. 155 - Religare Broking Ltd

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Indian Railway Finance Corporation Ltd

Buy Indian Railway Finance Corporation Ltd CMP 144.95 Range 144-145 SL 139 Target 155

* The railway related stocks are gaining fresh momentum, with IRFC moving in tandem with the trend.

* It has formed a new buying pivot after consolidating for two weeks above its 200 DEMA.

* The stock has witnessed a strong breakout from this range marked by formation of a bullish candle and a notable surge in volumes.

* The stock offers a renewed buying opportunity and hence, one can go long in the mentioned range.

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Stock of the day : Indian Railway Finance Corporation Ltd For Target Rs. 155 - Religare Broking Ltd

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