IRFC ๐ | Correction or Opportunity?
From โน229 to โน82.65 โ a sharp correction.
๐ Technicals: key support zone
๐ฆ Fundamentals: strong railway financing franchise
Worth accumulating for the long term? ๐
#IRFC#NIFTY#Investing
@onlyniftytrade Bullish bias is fineโฆ but donโt forget, volatility has a habit of making both bulls and bears look stupid.
Let NIFTY confirm the move first.
@business_today India has huge wealth sitting in gold. If we can channel even part of it into productive investment the impact on growth could be massive.
HDFC Bank | Monthly Chart ๐
~31% below its recent high near โน1,020.
Support: โน680โ700
Major support: โน620โ650
Breakout zone: โน750โ800
Next resistance: โน880โ900
Interesting long-term accumulation zone, but waiting for breakout confirmation. ๐
#HDFCBank#BankNifty