Raghulramdoss

Bullish view on IRCTC

Long
Raghulramdoss Updated   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
The monopoly scrip is at the stage of breakout from a triangle pattern and also there's a volatility compression. I'm bullish on this scrip for both short term as well as lomg term. There's a stock split on 28th of Oct, try to hold it till record date as many new investors might invest in it for its lower cost which may further take this scrip up.
Trade active:
By going with the Flag pattern, the target can be around 5130, let's see whether it reaches that level before split. This scrip had announced Dividend so try to hold this scrip till record date and book the dividend too.

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