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Indian Railway Finance Corporation Share Price Live Updates

Overview of Recent Share Price Movement

On January 6th, 2025, the Indian Railway Finance Corporation (IRFC) opened its trading day at ₹153.45, marking a slight drop to close at ₹152. During the day, the stock demonstrated volatility, achieving a high of ₹156.8 and a low of ₹152.85. Currently, the market capitalization of IRFC remains substantial at ₹198,693.6 crore, while its historical price range over the past 52 weeks showcases a peak at ₹229.05 and a trough at ₹97.9. On this trading day, the Bombay Stock Exchange (BSE) recorded a noteworthy volume of 1,145,057 shares traded.

Disclaimer: This blog is generated by AI and is not subject to editorial review by LiveMint staff.

Current Share Price Status and Market Sentiment

Timestamp: 06 Jan 2025, 03:18:00 PM IST

Indian Railway Finance Corporation Trading Updates:

As of the latest update, IRFC’s share price has dipped to ₹145.55, reflecting a decrease of 5.27% from the previous day’s closing price of ₹153.65. The breach below the critical daily support level of ₹148.24 points to heightened selling pressure, raising concerns about potential further declines.

Technical Analysis: Short and Long-Term Trends

Timestamp: 06 Jan 2025, 03:01:21 PM IST

Technical Trends:

According to recent technical analyses, both short-term and long-term trends for IRFC remain bearish. Investors are urged to exercise caution given the prevailing market conditions.

Evaluation of Simple Moving Averages

Timestamp: 06 Jan 2025, 02:59:54 PM IST

Simple Moving Average Insights:

The following table presents crucial moving averages, which help in understanding the stock’s recent performance trends:

Days	Simple Moving Average
5 Days	₹151.66
10 Days	₹149.54
20 Days	₹153.90
50 Days	₹149.83
100 Days	₹157.28
300 Days	₹162.59

The sliding averages indicate a declining trend, prompting cautious trading strategies.

Trading Volume Analysis

Timestamp: 06 Jan 2025, 02:50:13 PM IST

Volume Updates:

The trading volume for IRFC has seen a downward trend, with a 29.14% decrease compared to the previous day. The current stock price lingering at ₹145.5, representing a drop of 5.3%, underscores the importance of analyzing trading volume alongside price movements to gauge market sentiment effectively.

Hourly Price Movement Update

Timestamp: 06 Jan 2025, 02:39:37 PM IST

Price Movements and Resistance Levels:

In the last trading hour, IRFC fluctuated between a high of ₹147.15 and a low of ₹145.3. The fall below critical hourly resistance levels suggests sustained selling. Traders may want to reconsider long positions, while prospective buyers can observe for potential reversals if the stock approaches oversold conditions.

Upcoming Resistance and Support Levels:

Resistance Levels	Price	Support Levels	Price
Resistance 1	₹146.8	Support 1	₹144.95
Resistance 2	₹147.9	Support 2	₹144.2
Resistance 3	₹148.65	Support 3	₹143.1

Consensus Analysts Rating

Timestamp: 06 Jan 2025, 02:10:00 PM IST

Analyst Sentiments:

Currently, the consensus among analysts rates the stock as "Hold." The median price target among analysts stands at ₹50.00, significantly below the current market price, indicating an expected decline in the price over the next year.

Impact of Trading Volume on Market Performance

Timestamp: 06 Jan 2025, 01:51:00 PM IST

Volume Insights and Market Trends:

As of 1 PM, trading volumes echoed a sharp decrease of 38.81% from the day prior, aligning with an overall market downward trend. Investors should leverage volume information, as it proves essential in deducing market movement tendencies.

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