Price to Dip Below 120
The Indian Railway Finance Corporation (IRFC) has been making headlines for its bearish nature. Over the past five days, IRFC shares have dropped by 2.10%. Currently, this stock’s price is in the 150 INR range after rising to a daily high of 152.15 INR.
Also Read: Sell Jio Financial Shares: Enter at 320 Price Level
IRFC Market Performance And Future Outlook
More recently, the Nifty 50 index went beyond the 26,200 level, further suggesting that the market was generally positive. As traders searched for possible entry and exit positions using price action analysis, this aided in the IRFC’s performance. Sadly, the market wasn’t too sure about IRFC’s potential rise.
The Indian Railway Finance Corporation stock was recently pushed…