Good price action, after a sharp rise in price, good consolidation being witnessed on the stock. Price is again trading in range, mostly a halt after a sharp rise, getting ready for the next move. INR 3700 to INR 3500 should be a good support zone and buying zone. Price is headed back towards its 20Day SMA, RSI is biased towards the bulls too, all in all, looks...
IRCTC is close to another breakout and this time it would reach 3825 levels by end of next week.
(Note:- This is my personal views. Please consult with your financial advisor before taking trade.)
MAKING A SHORT CALL FOR PROFIT !! MACD CROSSOVER!! RSI ABOVE 60!! MORNING STAR FORMED !! Can make 2-3% high!! STOP LOSS=2484/2468 (Making a rising wedge pattern so dont hold for long time can make a big fall!!) (The above Analysis is only for study purpose do not take it as any buy or sell call)
ENTRY ABOVE 2315 TARGET 2375,2415 AND 2460 WITH STOPLOSS 2260 POSITIONAL VIEW OF ONE WEEK
This chart is only for educational purposes and should not be considered for doing any buying and selling in this stock.
We are out of the Ascending Triangle on the weekly. Time to fly. Send it to ₹3000! NSE:IRCTC
Gave a breakout and came back to retest and going back up again. good stock to hold for a swing
Along with post covid unlock IRCTC is poised for an upmove
Given a big breakout few days ago... All probability of retest and continue upward trading levels given.... Happy trading...
Seeing Bearish BAT pattern formation in Progress. thought this is bearish BAT, you can still buy it right now since it broke B Point and price is staying above it. See how nicely FIB levels are matched for B and C Point.
BREAKING THE NECK LINE WILL LEAD TO LOWER END OF TREND LINE. OR BOUNCHING BACK FROM THE CURRENT LEVELS WILL LEADTO NEW HIGH
IRCTC looks Bullish All the key levels are mentioned in chart with Stop-loss and Targets Breakout with Good Volume Key Levels are Mentioned on chart Disclaimer I am not sebi registered analyst My studies are Educational purpose only Please consult with your Financial advisor before trading or investing
bergepaint 4 hours chart technical analysis