IRFC share price skyrocketed, recording a 56.35% surge in just seven days
IRFC stock broke records, hitting a fresh 52-week high at Rs 75.72
Railway stocks are on an upward trend, driven by a massive investment program from the Ministry of Railways
Technical analysis shows IRFC's strength on daily and weekly charts, with a target of Rs 80 in the near term
Experts suggest holding existing positions with a stop-loss at Rs 58 for potential gains.
Investors are advised to consider booking profits as a close below Rs 61.5 support could pose a near-term risk.
IRFC's remarkable resilience positions it for a potential technical breakout
To safeguard investments, experts recommend implementing a stop loss strategy at Rs 58.
IRFC offers a new investment opportunity, with a target price of Rs 101 according to analysts.
Gain insights from market experts and be prepared for potential high volatility when trading IRFC shares.