IFCI has spent a prolonged period in a Neo Wave Double Three (A–B–C) combination, indicating time-based correction and accumulation, not trend breakdown. Price action has remained overlapping with contracting volatility, confirming a corrective structure.
Currently, price is compressing inside a triangle, signaling energy build-up. A decisive breakout above ₹60 will confirm trend continuation.
Trade Plan (Strict):
Entry: Only after a sustained breakout above ₹60
Targets:
🎯 ₹80
🎯 ₹100
🎯 ₹120 (longer term)
View:
Double Three combinations followed by triangle breakouts often resolve with sharp and directional rallies. Patience is key — no breakout, no trade.
Currently, price is compressing inside a triangle, signaling energy build-up. A decisive breakout above ₹60 will confirm trend continuation.
Trade Plan (Strict):
Entry: Only after a sustained breakout above ₹60
Targets:
🎯 ₹80
🎯 ₹100
🎯 ₹120 (longer term)
View:
Double Three combinations followed by triangle breakouts often resolve with sharp and directional rallies. Patience is key — no breakout, no trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.