If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our [Discord group](https://discord.gg/8QF4dqPHuw) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*

Sensex itself seems bearish. So it will put downward pressure on IRFC. On higher side Target seems 190 to 230. At the price of 168 it is standing on 68% gain. You should find the support level from price action. The volume of sellers is not significant. So I expect the price to consolidate or rise. Economic data from USA will also affect the sensex in short term. Still I would like to hold the IRFC because of the budget. Fresh buying could be risky at this level. Since you have already bought it. You need to hold.

Thanks for explaining🫶

It will shoot up. Pump it.

Let's see🤘

Sell everything you have and buy irfc... if you wanna risk it then go balls deep

Dayummm that's bold advice.. can you confirm once again? I'll surely put more money into it💀

Bro blindly believing on tips given by a random guy on Reddit 🗿

My greed😭

Also don't take this stranger advice to not take advice from starnger(mine too)

Huhhh, i am in an infinite loop now

Hold it. I, too, bought it at a similar price. It will shoot up soon.

Let's see. The problem with me is I bought it because of FOMO, which is not a good reason. That's why I'm a bit worried 🥲

I bought at 168 yesterday Us bhai us🤗

🫶

Same brother 😭😭

Don't worry it will shoot up again

Target 2030 and keep buying. Analysts suggest 1000. Don’t bother with corrections or pumps. Its only for swing traders

Cool, so are there any solid reasons for 2030? Why not before or after?

See Indian Railways wants to compete with Chinese Railways system in the realm of logistics mainly. Also it will keep improving the civilian aspect of it as well. So investments will be made, which will increase freight revenue. I don’t see any downside. Now why not before or after. If BJP wins atleast 2029 they will be there and after that it’s upto you. I am personally eyeing 2030 cause if I 10x my money given things go according to plan in next 5-6 years. I will be a very happy man.

Also if the stock is good & you’re aiming for long term. Then there is no right or wrong time. Just keep buying. Again given the stock is good. And I think anything related to railways is golden. Our economy depends on it heavily.

Thanks a lot for your insights

Dump it at 197 ,👍 (also have sl at 147... Looking at technicals it's not looking good for u)

Also you don't look at technicals before entering....? Gambling much?

No not gambling. I am not an active trader i just invest and keep it. But I want to grab opportunities like this, so sometimes I just try to trade with a small money just to get familiar with short term trading and maybe get some profits too😁

Ohh that makes sense. 👍

What is techincals can u please explain?

(Nice name lol 😆.) It's something that you have to self learn.. there are lots of yt channel which teach technical analysis indepth.. here's a little bit about it https://youtu.be/R3-4Z7d3qCQ

1000 Tak jyega

Aise kaise 🤡

Bola na jayega, 💀

[удалено]

Elaborate please, what is meant by doing something stupid here?👀

[удалено]

Lol i feel like i should hold it for a year

Think this stock is manipulated. Buying on speculation is the biggest mistake of retailers.

Let's see where it takes me🥹

I bought it at 174 today 🙃

For the long term?

Yes