Should buy now because of the resistance breakout and the gap above so can fill the gap let's see.
As per my analysis., IRCTC can be added for investment Buy zone 642 to 741.10 with SL of 637. First Target will be 855 Second Target 970 Third Target - 1100+ Please comment if you wish to see my analysis for any stocks. Please do your due diligence before trading or investment. Thank you.
Positionally looking good for long position good base formation, getting ready for new highs Disclaimer: sharing analysis for knowledge purpose, no buy/sell recommendation
on its way to complete the CnH, need to close above 1025 to confirm the BO. Immediate target will be the ATH. Should be watched closely!
Among all railway stocks, I choose IRCTC. Why? In the last quarter, while others saw a dip in sale, IRCTC's sales and profits soared. Strong fundamentals make it my top pick, and it's also technically forming a cup and handle pattern
IRCTC have given breakot and currently retesting the zone we can consider the scrip for swing. Study has well explained in charts itself.
#Irctc make or break levels on monthly chart basics
Irctc may have started the 5th wave for new targets in next 1-2 months.. keep accumulating in range of 870-900 with stop loss below 850 closing. Target can be 1170
We got the breakout we wanted and now the targets are locked for 1100 off here, can target easily upto 18% off here!
A Memorandum of Understanding (MoU) has been signed between IRCTC and Swiggy (Bundl Technologies Pvt Ltd) to provide pre-ordered meals to passengers of Indian Railways through IRCTC e-Catering Services
1. Monthly RSI Above 60 2. Weekly RSI Taking Support at 60 3. Daily RSI About to cross 60 4. On daily Trendline Breakout, Also inside bar breakout
IRCTC is DESCENDING channel pattern breakout. previous trend is up trend. volume ---- *IRCTC is growing well this year. stop loss 5%.
Stock looking really good. Has consolidated well while market has corrected. Can BO and outperform the market. Entry above the TL for me.
IRCTC look like may develop an inverse head and shoulder pattern. Allow it to break the level and re-test but looking may aggressively take an uptrend at least 10 to 15 % accumulate as per your capital.
📊 Script: IRCTC 📊 Sector: Railways 📊 Industry: Travel Agencies Key highlights: 💡⚡ 📈 Script is trading near at upper band of BB. 📈 MACD is giving crossover. 📈 Double Moving Averages is giving Crossover. 📈 Right now RSI is around 56. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 968 🟢 Target 🎯🏆 - 1049 ⚠️ Stoploss ☠️🚫 - 933 ⚠️ Important: Always maintain your Risk &...
As we can see on a daily time frame of IRCTC have broke the resistence expecting it to touches its all time high
IRCTC has broken out over the neckline of Reverse Head and Shoulder Pattern. Refer the chart to get more clarity over the levels.