IRFC Share Price Analysis: Will the ₹110 Support Hold? (4H Chart)

Indian Railway Finance Corporation (IRFC) stock continues to remain under selling pressure. On the 4-hour timeframe, the chart clearly shows that IRFC is trading inside a descending channel, indicating a sustained bearish trend.

At present, IRFC is trading near ₹110.57, which is a crucial support zone for the stock.

Technical Analysis Overview

Trend Structure

• IRFC is forming a Descending Channel
• Each rally is creating Lower Highs
• Each decline is forming Lower Lows
• This structure confirms a strong bearish trend

Moving Averages Signal

• 9 SMA and 20 SMA are placed above the current price
• This indicates short-term weakness
• Price must close above these averages for any bullish reversal

Key Support and Resistance Levels

🔻 Support Levels

• ₹110.00 – ₹109.70 → Immediate and strong support zone
• If this zone breaks decisively, next downside targets:
  • ₹105
  • ₹100 (Psychological Support)

🔺 Resistance Levels

• ₹113 – ₹115 → Channel resistance zone
• Above this:
  • ₹118
  • ₹122

Possible Price Scenarios

❌ Bearish Scenario

• A decisive breakdown below ₹109.70
• Can lead to further decline towards ₹105 – ₹100
• High volume breakdown may accelerate selling pressure

✅ Short-Term Bounce Scenario

• If ₹110 support holds, a technical pullback is possible
• This bounce would be temporary, not a trend reversal
• Overall structure remains bearish

Trading Strategy

📉 Intraday / Short-Term Traders

• Sell on breakdown below ₹109.70
• Stop Loss: ₹112
• Targets: ₹105 / ₹100

📊 Positional / Long-Term Investors

• Avoid fresh buying at current levels
• Wait for strong confirmation or channel breakout
• Trend reversal only after sustained move above ₹115–₹118

Final Verdict

IRFC remains in a bearish zone on the 4-hour timeframe. As long as the stock trades below the descending channel resistance and fails to reclaim ₹115–₹118, upside potential looks limited. Traders should remain cautious near the ₹110 support zone, as a breakdown may trigger fresh downside momentum.

Risk Disclaimer

This analysis is for educational purposes only. Stock market investments are subject to market risks. Always consult your financial advisor before taking any trading or investment decision.