IRCTC trendline breakout on 17-04-2023 1st target 654 stoploss 580 2nd target 711 3rd target 765 4th target 917 keep trail your stoploss on target-wise
The price corrected almost 55% from the all time high level of 1280. Now price near the weekly support of 550 and formed double bottom structure on weekly timeframe. price indicating perfect low risk & high rewards setup. The level of 550 is strong support level for the price & my initial targets will be 655/700/788 for the upside momentum of stocks. If price...
IRCTC Buy is at 622 Target is at 650 Sell is at 595 Target is at 560 technical analysis and is for educational purposes. Like, Share, Comment for regular updates. Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing I may be 100% wrong as its my personal trade.
As per my analysis, NSE:IRCTC has to retest level of 679-675. My idea is to take entry on 675 with stop loss of 625 (-50 Points). Can hold positionally for upside targets of 711, 735, 790 & 835. This could be low risk and high reward idea. Note: This is my personal analysis, only for learning. Thanks.
#IRCTC : Ready for Breakout W pattern can be clearly seen which can be broken in coming days. Take 5-10% and keep trailling Good strength & Decent Volume in stock Keep Sharing, loving & Following for more Learning. Happy Trading !!!
The india railway sector most of the stcok in outperform the nifty 50, Only IRCTC is underperform the nifty50 return, the structural change in the india railway stock in the recent year, this is show in the chart. i am bullish in the this sector.
Add IRCTC in watchlist,we could witness a bullish surge following a successful trendline and resistance breakout.
Breaking out the triangle pattern and retesting it. near the support zone.
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
IRCTC looks positive on most of the timeframes. 735-740 were the levels that the stock resisted for approx 2 months, then broke above it, and now consolidating above it from the past 1month. Sustaining the same levels, the stock could move towards 780 to 850 levels in the coming weeks. Trade Type: Positional - Long Trade Immediate Support @ 735- 740 Immediate...
CMP: 731 - Volatility Contraction near resistance level - Indian Rail needs a little push
IRCTC looking good for long term 6 months hold Taget 900
IRCTC is ready to blast 10 - 20 % potential for upside. First target 820 Second target 900 SL 700
The idea here is about IRCTC: Indian Railway Catering & Tourism Corp. Ltd. provides railway related services. It engages in Catering and Hospitality, Internet Ticketing, Travel and Tourism. My view is bullish (Swing trade) for the below observed technical factors. Points as per TA on a weekly & daily chart: 1.Falling wedge pattern observed on a weekly chart...
This stock has formed a beatiful cup pattern. Expect a breakout soon.
The stock had been in a downtrend now it is making HHs and HLs Now its a good time to invest wait for a retrace multiple entries can be better.