iam_nithin

CHANNEL BREAKOUT,SWING TRADE, IRCTC

Long
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
Stock has been consolidating for long time since there was very less train services. Yesterday there was a news that almost all trains are going to start and 90% occupancy on currently running ones. So i am expecting a good breakout and if today the candle closes above the resistance in a proper bullish candle, expecting a good movement above that.
SL can be placed according to personal risk management
NB: This is not a stock recommendation, just sharing my view only.
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