Chartist warns IRFC shares could hit ₹100 after 50% peak drop

• IRFC shares gained up to 2% on Tuesday after two sessions of decline, but remain down 25% in 2025.
• A chartist warns IRFC shares could fall to ₹100 if they break below the crucial ₹110 support level.
• The stock has dropped over 50% from its peak and is currently hovering near its 52-week low.
• Technical indicators show IRFC is deeply oversold (RSI 21.4) and trading below all major moving averages.
• The government holds 86.36% in IRFC, potentially facing a stake sale to comply with Minimum Public Shareholding norms.

Why It Matters: Warning: IRFC shares might fall to ₹100, impacting your investments.