IRFC Remains Trapped in a Persistent Downtrend

continues to sit within the broader railway and infrastructure-financing theme, where long-term policy support and sustained public capex remain important structural drivers. But the stock itself has been in a prolonged de-rating phase after the sharp railway-led rally of 2024, and the current chart still reflects persistent supply rather than accumulation. Price is near ₹82 and remains below both the 20-day average around ₹85 and the 50-day average near ₹87.5. More importantly, both averages are sloping lower and the stock continues to form a sequence of lower highs and lower lows. That keeps the primary trend decisively weak. The immediate ₹80–82 region is now the first area where buyers need to show meaningful defence. A sustained break below this zone can extend the decline toward lower historical support bands. On the upside, the first real sign of improvement would come only after price reclaims the ₹85–88 cluster and begins holding above it. Until then, the railway-financing theme may remain structurally relevant, but IRFC’s chart is still signalling weakness and any bounce should be treated as a recovery attempt inside a broader downtrend.