IRFC 1 Week Time Frame

1 408
📌 Current Price (latest close): ~₹99–₹100 per share.
This reflects recent weakness, partly due to government stake divestment (OFS) news and selling pressure.

📈 Weekly Timeframe Technical Levels (Short-Term Reference)
🎯 Immediate Weekly Resistance Levels

These are upside levels where price may face selling pressure if a rebound begins in the coming sessions:

₹104–₹105 — first resistance (near recent bounce zone).

₹106–₹108 — next barrier (based on recent pivot/range).

Above ~₹110+ — broader resistance zone (technical pivot/ranging).

📊 Why these matter: Staying below these levels indicates the bears are still in control this week.

📉 Weekly Support Levels

Key downside levels where buyers may step in:

~₹101–₹102 — initial support zone (recent lows).

~₹99–₹100 — psychological pivot / current trading zone.

~₹97–₹95 — deeper support range (extended downward reaction).

📊 Why these matter: Weekly closes below ₹97 could signal further weakness and push prices lower; holding above ~₹99–₹100 may allow for short covering or range trading.

Pernyataan Penyangkalan

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