IRCTC looks good for a range breakout consolidating in a range if moved outoff of the range can touch 648 in a shootup way Ask your financial advisor before buying Only for educational purposes
NSE:IRCTC DONT TRADEIN NO TRADING ZONE. focus on the levels.
Buy Whenever Take bounce from this line long term targets above 820 entry 630 (safe entry above close 680)
Hello and welcome to this analysis In the month of December 2022, Govt announced divestment which lead to gap down openings on the consecutive days. the 2nd gap down activated a Bearish Island Reversal. From 600 it appears to have completed a Dead Cat Bounce and now could continue its downtrend. It has resistance at 650 while support comes in at 610 and below...
It is making symmetrical triangles But if next week see green candle from support Sell if break support See and respect level May be weekly chart making inverted head and shoulder pattern
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 !!!
w pattern inverted head and holder pattern RSI positive
I think correction in IRCTC is over, I am going to accumulate this for 875 and 1000 levels. I will not be surprised it chart makes a big rounding bottom and go back to previous highs of 1150. No stop loss is needed in IRCTC but technically a stop loss below 660 can be placed.
Add IRCTC in watchlist,we could witness a bullish surge following a successful trendline and resistance breakout.
Good Government sector PSU Stock , No combaters, I am expecting up trend once its break 0.68 at FIB level .. Still stock under struggling to move Up , Let see stock moment , new entry wait for trend reversal-swing moment
If it come down below 710 then we Will short below 710 with a small stop loss
Breaking out the triangle pattern and retesting it. near the support zone.
IRCTC Very strong position for long side target possible 850 invalid 729 Trade only 775 break and sustain after you can Enter this stock
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