STtraderr

IRCTC, a bounce is expected only in this demand zone

Long
STtraderr Updated   
NSE:IRCTC   INDIAN RAIL TOUR CORP LTD
if anyone wants to invest fresh in irctc
then zone from 3950 to 3550 is where, I expect a bounce back in irctc
If stock gives close below this level then we have to wait for proper bottom forming
so first instalment of investment can be done in this zone
long term investors can average further down and short term traders can put SL below this zone and exit.
Target will be 6500 around in 2.5 years.
Comment:
From range of 3600-3800
IRCTC today hit high 4645
enjoy short term investment...

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